Debt relief, vaccines critical to Africa’s recovery – AfDB boss
The President of the African Development Bank, Dr Akinwumi Adesina, has said fair access to COVID-19 vaccines and debt relief
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Author: Markets Reporters
Stock delisting: 11Plc plans to settle dissenting shareholders
11 Plc, formerly Mobil Oil Nigeria Plc, has said it will set aside sufficient funds to settle all dissenting shareholders
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Naira crashes at I&E window as forex reserves fall further
The naira fell to 401 against the dollar on Tuesday at the Investors’ and Exporters’ Foreign Exchange Window. The local
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Nigeria disagrees with IMF on further naira devaluation
The International Monetary Fund has said Nigerian authorities did not agree with the need for an additional exchange rate adjustment.
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DPR issues licence for Nigeria’s first floating LNG plant
The Department of Petroleum Resources announced on Monday that it had issued a licence to UTM Offshore Limited, an indigenous oil and
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Naira weakens further at investors, exporters’ forex window
The naira extended its decline on Monday at the Investors’ and Exporters’ Foreign Exchange Window, falling by 0.59 percent against
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Nigeria needs urgent policy adjustment as economy worsens – IMF
The International Monetary Fund has said Nigeria needs urgent policy adjustment and more fundamental reforms to address its economic woes.
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Prestige Assurance posts 74.64% rise in annual profit
Prestige Assurance Plc has reported a 74.64 percent in its profit before tax for the 2020 financial year. The company’s
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NNPC records 54% increase in monthly trading surplus
The Nigerian National Petroleum Corporation has announced a trading surplus of N13.43 billion for November 2020, up by 54 percent
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Rewane sees further devaluation as naira wobbles against dollar
The Nigerian currency is expected to be further devalued this year as it is overvalued by 28.79 percent, a renowned
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