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Author: Markets Reporters

Economics FEATURED Latest TOP STORIES 

Exports: Shippers, airlines defy CBN’s directives, face sanctions

October 6, 2020October 6, 2020 Markets Reporters 0 Comments Airlines, CBN, Exports, Shipping companies

The Central Bank of Nigeria said on Tuesday that its directives on exports of goods from the country had not

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Economics FEATURED Latest TOP STORIES 

‘We’re deeply concerned’: LCCI says Nigeria’s debt fast becoming unsustainable

October 6, 2020October 6, 2020 Markets Reporters 0 Comments Debt, LCCI, Nigeria

The Lagos Chamber of Commerce and Industry has expressed concern over Nigeria’s rising debt stock, saying it is fast becoming

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Energy FEATURED Latest TOP STORIES 

Private investors’ll build more refineries in Nigeria – NNPC boss

October 6, 2020October 6, 2020 Markets Reporters 0 Comments Mele Kyari, NNPC, Refineries

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said the deregulation of the downstream

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Economics FEATURED Latest TOP STORIES 

Nigerians facing ‘grave life-threatening problems’ – VP Osinbajo

October 6, 2020October 6, 2020 Markets Reporters 0 Comments Nigerians, Osinbajo

The Vice-President of Nigeria, Prof. Yemi Osinbajo, said on Tuesday that the nation’s authorities need to work together to address

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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks soar, investors rake in N710bn in one day

October 6, 2020October 6, 2020 Markets Reporters 0 Comments Nigerian stocks, NSE

Total market value hits record N15.11tn Nigerian stocks surged by nearly five percent on Tuesday, with investors gaining N710bn as

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Economics FEATURED Latest TOP STORIES 

Nigerian central bank cuts interest rate to 11.5%

September 22, 2020October 6, 2020 Markets Reporters 0 Comments CBN, interest rate, MPR

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as

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Economics FEATURED Latest TOP STORIES 

Nigeria’s GDP growth turns negative after three-year slow recovery

August 24, 2020August 24, 2020 Markets Reporters 0 Comments GDP, Nigeria

After 13 consecutive quarters of positive growth, Nigeria’s economy shrank in the second quarter of this year as the Gross

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Energy FEATURED Latest TOP STORIES 

Oil overproduction: Nigeria, others asked to submit compensation plans

August 20, 2020August 20, 2020 Markets Reporters 0 Comments Nigeria, oil overproduction, OPEC+

Nigeria and other countries that have not fully complied with the oil production cut deal by the Organisation of the

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FEATURED Latest Technology TOP STORIES 

South African telecoms giant, MTN, appoints new CEO

August 19, 2020August 19, 2020 Markets Reporters 0 Comments MTN, Ralph Mupita

South African telecommunications giant, MTN Group Limited, announced on Wednesday that the Chief Financial Officer, Ralph Mupita, has been appointed

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex scarcity, huge blow to investor confidence – Rewane’s FDC

August 19, 2020August 19, 2020 Markets Reporters 0 Comments CBN, FDC, Forex scarcity

The Financial Derivatives Company Limited has said the scarcity of foreign exchange in Nigeria is a huge blow to investor

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