Nigeria’s foreign reserves shrank by $5.09 billion from $38.53 billion to $33.44 billion in the nearly four-month period between 2nd January and 28th April 2020, the...
Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31 2020, with gross earnings rising by 6% from N158.1 billion in...
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu has advised the federal government to be mindful of a further implication of the...
By Olanrewaju Adesanya The Lagos State House of Assembly has tasked the Electricity Distributing Companies within the Lagos territory, to be more humane in the discharge...
Nigerian stock market key performance indicators ended Wednesday trading session in a positive territory as buy pressure in blue-chip equities lifted the Nigerian bourse higher. Bargain-hunting,...
The American headline, West Texas Intermediate (WTI) crude, went up by about 32%, selling for $16.33 per barrel by Wednesday afternoon as reports emerged that US...
The crisis in the global oil market seems to be hitting Nigeria harder, and to make matters worse, it has become more difficult to sell the...
The Nigerian bourse extended its upward momentum, as the All Share Index closed at 22,727.87 from 22,616.28 index points. Market capitalization similarly increased by 0.49% to...
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...