The Executive Board of the International Monetary Fund (IMF) has approved Nigeria’s request for emergency financial assistance of $3.4bn, under the Rapid Financing Instrument (RFI) to...
A dollar was sold for N460 at the parallel market on Tuesday, which is over 15% spread when compared to the interbank rate of N387 to...
Nigeria’s currency has continued to depreciate at the forward market, amidst growing concerns that the Central Bank of Nigeria (CBN) might have to devalue the naira...
The Nigerian equity market recorded a modest gain on Monday amid a lower trade volume compared to last week’s session. Trade ended with a negative market...
US oil prices fell heavily on Monday and slipped below $15 a barrel on renewed storage concerns as the coronavirus throttles demand, even as producers start...
Forget the Forbes list, these men have more wealth than Dangote. They are Ibos but they are global in terms of assets and business. Perhaps Forbes...
Since the recent Forbes announcent of Kanye West as latest Billionaire. Everyone has been celebrating the born again. And although he is now officially a billionaire...
The International Monetary Fund (IMF) will be sitting on Tuesday to consider recommendation for approval Nigeria’s $3.4 billion loan request for emergency funding as part of...
Google has indicated readiness to disburse an emergency fund to assist local news outlets finding it difficult to sustain operations during the coronavirus pandemic. The internet...
The global decline the prices of crude has resulted in huge debts by independent oil producers risk which may cause liquidity crisis among local banks that...