Year: 2019
Asian shares edged up on Thursday on a weaker dollar and hopes of more economic stimulus in China. Though many stocks seesawed as markets awaited some details on this week’s U.S.-China trade talks amid hopes, ...
Oil prices rose by around 1 per cent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the ...
Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the ...
Sterling rose on Wednesday following a media report that British Prime Minister Theresa May is attempting to win over the Northern Irish Democratic Unionist Party (DUP) in a crucial vote next week on her Brexit ...
The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million dollars into the various segments of the market. The Director, Corporate Communications, CBN, Mr Isaac ...
The Federal Government recorded an increase of 8,686.6 megawatts (MW) in power generation in December 2018, as the Transmission Company of Nigeria (TCN) transmitted 125,346.4 mw as against 116,659.8 mw in November 2018. The daily ...
Nigeria’s 2.1 per cent economic growth projection in 2019 is expected to drive the regional growth forecast of 2.9 per cent, the United Nations report has projected. The report by the UN Secretary-General on the ...
The United Nations say Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General on the activities of the ...
Oil prices were stable on Tuesday, supported by hopes that talks in Beijing between U.S. and Chinese officials might defuse trade disputes between the world’s biggest economies. OPEC-led supply cuts also tightened the markets. International ...
The Nigerian Electricity Regulatory Commission (NERC), says only four out 11 Electricity Distribution Companies (DisCos) in the country have metered up to 50 per cent of customers under their franchise areas. NERC in its 2018 ...
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