Dollar shortage hits Nigerian bank’s dividend payment to GDR holders
Payment of dividends to holders of Nigeria’s Guaranty Trust Bank global depository receipts has been delayed due to difficulties in
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Author: Markets Reporters
NNPC sets sights on greater transparency, partners EITI
The Nigerian National Petroleum Corporation has joined a group of over 65 extractives companies, state-owned enterprises, commodity traders, and others
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Nigerian govt increases petrol pump price by N20.3/litre
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium
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Ecobank Nigeria extends zero charge for money transfer
Ecobank Nigeria says it has extended its zero-charge fee for digital money transfers below N5,000 till the end of September
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‘Global energy demand could suffer largest decline in 70 years’
Global energy demand is set to fall by six percent in 2020, the largest in 70 years, due to the
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We’ll boost external reserves to defend naira – CBN
The Central Bank of Nigeria has said it will strive to increase its foreign exchange reserves to safeguard the value
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Nigeria’s external reserves resume falling streak after $36.59bn high
Nigeria’s foreign exchange reserves have pared some of the recent gains after hitting a 2020 high of $36.59 billion last
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Nigeria’s economy faces worst recession in 40 years, says World Bank
The collapse in oil prices, coupled with the COVID-19 pandemic, is expected to plunge the Nigerian economy into a severe
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After reappointment, Afreximbank president vows to create integrated African market
The President of the African Export-Import Bank, Prof. Benedict Oramah, has said the ultimate goal under his second term of
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COVID-19: AfDB approves $288.5m loan for Nigeria
The Board of Directors of the African Development Bank has approved a $288.5 million loan to help Nigeria tackle the
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