Nigeria’s forex reserves plunge to 11-month low
Nigeria’s foreign exchange reserves have plummeted to the lowest level in 11 months despite the sharp rise in the price
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NLNG gets ‘Gas Company of the Year’ award
Nigeria LNG Limited has won the ‘Gas Company of the Year Award’ at the recently concluded Nigerian Gas Association Biennial
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NIBSS set to launch new payment solution
Nigeria Inter-Bank Settlement System Plc has said it is set to launch a QR Code-driven payment solution, in partnership with
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Nigerian bourse gets final approvals for demutualisation
The Nigerian Stock Exchange has received final approvals of its demutualisation plan from the Securities and Exchange Commission and the
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Okonjo-Iweala calls for more vaccine production in developing countries
The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, on Tuesday, called on COVID-19 vaccine manufacturers to do more
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UBA leads losers as stock market reverses gain
The Nigerian stock market reversed Monday’s gain as the United Bank for Africa Plc and 20 other firms recorded price
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Naira tumbles to 484 against dollar at parallel market
The Nigerian currency extended its decline against the dollar on Tuesday at both the parallel market and the investors’ and
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3,903 jobs lost in six months, say Nigerian manufacturers
A total of 3,903 jobs were lost in the manufacturing sector in the second half of last year, the Manufacturers
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AfDB named world’s best multilateral financial institution
The African Development Bank has been named by Global Finance as the best multilateral financial institution in the world. The
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US oil production suffers largest annual drop amid COVID-19
The United States crude oil production averaged 11.3 million barrels per day in 2020, down 935,000 b/d (8 percent) from
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