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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

Border closure: Congo overtakes Nigeria in intra-African trade

December 16, 2020December 16, 2020 Markets Reporters 0 Comments Afreximbank, Border closure, Intra-African trade

The Democratic Republic of Congo has overtaken Nigeria, Africa’s biggest economy, to become the second-largest intra-African trade economy, a new

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Economics FEATURED Latest TOP STORIES 

[UPDATED] Nigeria’s inflation surges to 14.89%, highest in 34 months

December 15, 2020December 15, 2020 Markets Reporters 0 Comments Inflation, NBS

Inflation rate in Nigeria jumped in November to 14.89 percent, its highest level in 34 months, the National Bureau of

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Uncategorized 

[BREAKING] World Bank finally approves $1.5bn loan for Nigeria

December 15, 2020December 15, 2020 Markets Reporters 0 Comments

After a few months of delay, the World Bank Group announced on Tuesday that it had approved a $1.5-billion package

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Energy FEATURED Latest TOP STORIES 

ExxonMobil plans 20% emissions reduction by 2025

December 15, 2020December 15, 2020 Markets Reporters 0 Comments ExxonMobil, Greenhouse gas emissions

ExxonMobil has announced plans to reduce greenhouse gas emissions from its upstream operations by 15 percent to 20 percent in

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FEATURED Latest Stocks TOP STORIES 

FCMB suspends issuance of N30bn commercial paper

December 14, 2020December 14, 2020 Markets Reporters 0 Comments Commercial paper, FCMB Group

FCMB Group Plc announced on Monday that the proposed issuance of commercial paper of up to N30 billion by one

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Economics FEATURED Latest TOP STORIES 

NBS produced over 120 reports despite low funding, COVID-19 – Kale

December 14, 2020December 14, 2020 Markets Reporters 0 Comments NBS, Yemi Kale

Nigeria’s Statistician-General and Chief Executive Officer of the National Bureau of Statistics, Dr Yemi Kale, said on Monday that the

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Economics FEATURED Latest TOP STORIES 

Foreign capital flows into Nigeria rise to $1.46bn in Q3

December 14, 2020December 14, 2020 Markets Reporters 0 Comments Foreign capital flows, NBS

Foreign capital flows into Nigeria rose by 12.86 percent to $1.46 billion in the third quarter of this year compared

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FEATURED Latest Money TOP STORIES 

Nigeria’s forex reserves hit seven-month low

December 14, 2020December 14, 2020 Markets Reporters 0 Comments CBN, Forex reserves

Nigeria’s foreign exchange reserves have dropped below $35 billion to the lowest level in seven months. The reserves fell to

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Economics FEATURED Latest TOP STORIES 

Nigerians to pay N2m each for planned 300,000 houses – Presidency

December 13, 2020December 13, 2020 Markets Reporters 0 Comments Nigerian housing plan

The Nigerian Presidency has said the Federal Government will build 300,000 affordable houses for which Nigerians are expected to pay

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FEATURED Latest Money TOP STORIES 

Nigerian banks make N401bn from fees, commissions in nine months

December 13, 2020December 13, 2020 Markets Reporters 0 Comments fee and commission income, NBS, Nigerian banks

Nigerian commercial banks raked in a total of N401.35 billion from fees and commissions charged customers from January to September

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