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Energy FEATURED Latest TOP STORIES 

NNPC records 54% increase in monthly trading surplus

February 7, 2021February 7, 2021 Markets Reporters 0 Comments NNPC, Trading surplus

The Nigerian National Petroleum Corporation has announced a trading surplus of N13.43 billion for November 2020, up by 54 percent

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FEATURED Latest Money TOP STORIES 

Rewane sees further devaluation as naira wobbles against dollar

February 7, 2021February 7, 2021 Markets Reporters 0 Comments Bismarck Rewane, CBN, naira devaluation

The Nigerian currency is expected to be further devalued this year as it is overvalued by 28.79 percent, a renowned

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Economics FEATURED Latest TOP STORIES 

WTO DG: I look forward to finalising process, says Okonjo-Iweala

February 6, 2021February 6, 2021 Markets Reporters 0 Comments Ngozi Okonjo-Iweala, WTO

Following the withdrawal of her only rival and the support from the United States, a former Nigerian Minister of Finance,

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FEATURED Latest Money TOP STORIES 

Cryptocurrency ban: Is CBN on collision course with SEC?

February 6, 2021February 6, 2021 Markets Reporters 0 Comments CBN, Cryptocurrency, SEC

The prohibition of cryptocurrency transactions in Nigeria has raised questions about whether the Central Bank of Nigeria and the Securities

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FEATURED Latest Money TOP STORIES 

Cryptocurrency: ‘Your funds intact, CBN ban will be resolved soon’

February 6, 2021February 6, 2021 Markets Reporters 0 Comments CBN ban, CoinNest, Cryptocurrency

A major cryptocurrency exchange in Africa has expressed confidence that the ban on cryptocurrency transactions in Nigeria by the Central

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Energy FEATURED Latest TOP STORIES 

Nigeria moves to keep investment flowing as oil majors slash spending

February 6, 2021February 6, 2021 Markets Reporters 0 Comments NNPC, Oil majors, PIB

The Nigerian National Petroleum Corporation has said it is renegotiating commercial contract terms with major oil firms in the country,

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FEATURED Latest Money TOP STORIES 

Ecobank Nigeria seeks to raise $300m via Eurobond

February 6, 2021February 6, 2021 Markets Reporters 0 Comments Ecobank Nigeria, Eurobond

Ecobank Transnational Incorporated announced on Friday that its subsidiary, Ecobank Nigeria Limited, is seeking to raise capital from the international

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Economics FEATURED Latest TOP STORIES 

World Bank approves $500m for Nigeria’s electricity distributors

February 5, 2021February 5, 2021 Markets Reporters 0 Comments Discos, DISREP, World Bank

The World Bank announced on Friday that it had approved $500 million to support the government of Nigeria in improving

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FEATURED Latest Money TOP STORIES 

Nigerian central bank orders closure of cryptocurrency accounts

February 5, 2021February 5, 2021 Markets Reporters 0 Comments CBN, Cryptocurrency

The Central Bank of Nigeria has directed banks and other financial institutions in the country to close all cryptocurrency accounts

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Economics FEATURED Latest TOP STORIES 

Nigeria suffers 60% drop in 2020 foreign capital inflow

February 5, 2021February 5, 2021 Markets Reporters 0 Comments Foreign capital flows, NBS

Foreign capital flow into Nigeria tumbled by almost 60 percent in 2020 to $9.68bn, its lowest level in four years,

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