Nigeria’s economy shrank by 4.1% in 2020 – World Bank
Nigeria’s economy is estimated to have contracted 4.1 percent in 2020, as the effects of the pandemic impacted economic activity
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Nigerian stocks suffer 117% rise in monthly foreign outflows
Nigerian stocks recorded their biggest foreign outflow in seven months in October as the COVID-19 pandemic continued to take a
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Diaspora remittances: Audit IMTOs’ accounts properly, CBN orders banks
The Central Bank of Nigeria said on Friday that Deposit Money Banks must ensure that proper audit of International Money
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Nigerian stocks rise 7.46%, market cap crosses N19tn
Investors in the stock market gained N1.34 trillion this week as the Nigerian Stock Exchange All-Share Index and market capitalisation
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[BREAKING] Nigeria reopens borders after 16-month closure
President Muhammadu Buhari has directed the immediate reopening of the country’s land borders, after nearly 16 months of closure. This
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Border closure: Congo overtakes Nigeria in intra-African trade
The Democratic Republic of Congo has overtaken Nigeria, Africa’s biggest economy, to become the second-largest intra-African trade economy, a new
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[UPDATED] Nigeria’s inflation surges to 14.89%, highest in 34 months
Inflation rate in Nigeria jumped in November to 14.89 percent, its highest level in 34 months, the National Bureau of
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ExxonMobil plans 20% emissions reduction by 2025
ExxonMobil has announced plans to reduce greenhouse gas emissions from its upstream operations by 15 percent to 20 percent in
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FCMB suspends issuance of N30bn commercial paper
FCMB Group Plc announced on Monday that the proposed issuance of commercial paper of up to N30 billion by one
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NBS produced over 120 reports despite low funding, COVID-19 – Kale
Nigeria’s Statistician-General and Chief Executive Officer of the National Bureau of Statistics, Dr Yemi Kale, said on Monday that the
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