Category: Economy
The National Bureau of Statistics (NBS), has said that inflation rate has increased by 13.22 per cent (year-on-year) in August compared to the 12.82 per cent rate recorded in July. SEE ALSO: Brent Prices Rise ...
The naira depreciated at the parallel market but held on steadily at the official windows. Naira depreciated by N5 to close weekend at N445 per dollar at the parallel market. SEE ALSO: NSE’s Trading Indices ...
Oil prices rose on Monday as a tropical storm in the Gulf of Mexico prompted drillers to evacuate rigs and shut-in production. SEE ALSO: NSE’s Trading Indices Remain Upbeat By 0.13% Although gains were muted ...
Britain’s economy grew for a third month in a row in July as pubs, restaurants and other sectors reopened after the coronavirus lockdown. SEE ALSO: Oil drops as demand risk rises, U.S. stockpiles fall less ...
U.S. President Donald Trump’s nominee was, on Saturday, elected president of the Inter-American Development Bank, the region’s main economic development lender, making him the first U.S. citizen to lead the institution in its 61-year history. ...
President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria ”not to issue a kobo” of the country’s reserves for the importation of food items and fertilizer. SEE ALSO: Nigeria stock market opens week ...
The dramatic and inept response of the CBN to issues raised by the NESG is the latest showcase of the dramatic fall in standards at the important but failing institution SEE ALSO: “There will be ...
Chief Executive Officers (CEOs) of three prominent banks have resigned their membership of the Nigerian Economic Summit Group (NESG) board. SEE ALSO: NSE opens week with N3bn growth They resigned on Wednesday in protest against the ...
The People Democratic Party (PDP), National Working Committee (NWC), has urged the Federal Government to allow the private sector to drive the country’s economy. SEE ALSO: MTN Nigeria lifts NSE market indices further by 0.38% ...
The Central Bank of Nigeria (CBN) has reacted to a statement credited to the Nigerian Economic Summit Group (NESG), questioning some measures taken by the apex bank to tackle the adverse effects of the Covid-19 ...
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