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Author: Markets Reporters

FEATURED Latest Money TOP STORIES 

Ecobank Nigeria extends zero charge for money transfer

June 26, 2020June 26, 2020 Markets Reporters 0 Comments Ecobank Nigeria, 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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Energy FEATURED Latest TOP STORIES 

‘Global energy demand could suffer largest decline in 70 years’

June 25, 2020June 25, 2020 Markets Reporters 0 Comments Global energy demand, IEA

Global energy demand is set to fall by six percent in 2020, the largest in 70 years, due to the

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FEATURED Latest Money TOP STORIES 

We’ll boost external reserves to defend naira – CBN

June 25, 2020June 25, 2020 Markets Reporters 0 Comments CBN, External reserves, naira

The Central Bank of Nigeria has said it will strive to increase its foreign exchange reserves to safeguard the value

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FEATURED Latest Money TOP STORIES 

Nigeria’s external reserves resume falling streak after $36.59bn high

June 25, 2020June 25, 2020 Markets Reporters 0 Comments CBN, External reserves, Nigeria

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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Economics FEATURED Latest TOP STORIES 

Nigeria’s economy faces worst recession in 40 years, says World Bank

June 25, 2020June 25, 2020 Markets Reporters 0 Comments Nigeria, recession, 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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FEATURED Latest Money TOP STORIES 

After reappointment, Afreximbank president vows to create integrated African market

June 15, 2020June 15, 2020 Markets Reporters 0 Comments Afreximbank, Benedict Oramah

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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FEATURED Latest Money TOP STORIES 

COVID-19: AfDB approves $288.5m loan for Nigeria

June 6, 2020June 6, 2020 Markets Reporters 0 Comments AfDB, COVID-19

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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Energy FEATURED Latest TOP STORIES 

OPEC+ extends output cut deal, Nigeria to compensate for overproduction

June 6, 2020June 6, 2020 Markets Reporters 0 Comments Nigeria, Oil production cuts, OPEC+

The Organisation of Petroleum Exporting Countries and its allies, led by Russia, have agreed to a one-month extension of their record

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Energy FEATURED Latest TOP STORIES 

Nigeria’s gas flaring reduction initiative faces delay

June 4, 2020June 4, 2020 Markets Reporters 0 Comments DPR, Gas flaring, Sarki Auwalu

Nigeria’s efforts to reduce gas flaring have been delayed by at least six weeks due to the new coronavirus outbreak,

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FEATURED Latest Money TOP STORIES 

ANALYSIS: Did Tinubu’s opinion influence CBN interest rate decision?

May 29, 2020May 29, 2020 Markets Reporters 0 Comments Bola Tinubu, CBN, Interest rate cut

In a surprise move on Thursday, the Central Bank of Nigeria cut its key interest rate, the Monetary Policy Rate,

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