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FEATURED Latest Money TOP STORIES 

Nigeria’s external reserves resume decline, fall to $35.72bn

October 11, 2020October 11, 2020 Markets Reporters 0 Comments CBN, External reserves, Nigeria

Nigeria’s foreign exchange reserves have started falling again, losing $23 million in the six days to last Thursday, according to

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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks post N740bn weekly gain

October 9, 2020October 9, 2020 Markets Reporters 0 Comments Nigerian stocks, NSE

Nigerian stocks finished the week with a gain of N740bn as the benchmark index rose by 5.30 percent. The Nigerian

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Economics FEATURED Latest TOP STORIES 

CSLS raises concern over Nigeria’s rising budget deficit

October 9, 2020October 9, 2020 Markets Reporters 0 Comments budget deficit, CSL Stockbrokers, Nigeria

CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc, has expressed concern over the rise in budget deficit in Nigeria.

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Economics FEATURED Latest TOP STORIES 

World Bank cuts economic forecast for Nigeria, sees 4.1% contraction

October 8, 2020October 8, 2020 Markets Reporters 0 Comments economic forecast, Nigeria, World Bank

The World Bank has revised its 2020 forecast for Nigeria’s economy to -4.1 percent, saying the country’s near-term outlook is subject

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FEATURED Latest Stocks TOP STORIES 

Transcorp Hotels gets approval for free float compliance extension

October 8, 2020October 8, 2020 Markets Reporters 0 Comments Free float, NSE, Transcorp Hotels

The Nigerian Stock Exchange has approved Transcorp Hotels’ request for a three-year extension of its free float compliance. The company

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Economics FEATURED Latest TOP STORIES 

Nigeria’s oil revenue rises by 168% above budget target

October 8, 2020October 8, 2020 Markets Reporters 0 Comments Budget, Muhammadu Buhari, Oil revenue

Oil revenue generated by the Federal Government as of July this year was 168 percent higher than the target in

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Economics FEATURED Latest TOP STORIES 

COVID-19’ll push 40 million Nigerians, others into extreme poverty – World Bank

October 8, 2020October 8, 2020 Markets Reporters 0 Comments COVID-19, Extreme poverty, Nigerians, World Bank

The number of people in extreme poverty in Nigeria and other sub-Saharan African countries will swell by 40 million as

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Economics FEATURED Latest TOP STORIES 

COVID-19: 150 million risk extreme poverty, says World Bank

October 7, 2020October 7, 2020 Markets Reporters 0 Comments COVID-19, Extreme poverty, World Bank

The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year,

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FEATURED Latest Technology TOP STORIES 

Nigeria’s broadband penetration hits 43.3%

October 7, 2020October 7, 2020 Markets Reporters 0 Comments Broadband penetration, NCC, Nigeria

Broadband penetration in Nigeria rose to 43.3 percent in August from 42.02 percent in the previous month, according to the

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FEATURED Latest Technology TOP STORIES 

Nigerians reaping gains from MTN listing, says NCC

October 7, 2020October 7, 2020 Markets Reporters 0 Comments MTN Nigeria, NCC

The Nigerian Communications Commission has said the regulatory action taken by it to facilitate the listing of MTN Nigeria on

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