Economy

Naira weaken again at parallel forex market, trades N482/$

After appreciating for three days, the Naira depreciated marginally at the unofficial foreign exchange market on Monday. A Dollar was…

5 years ago

Nigerian equity dips 0.21% as investors take profit

The Nigerian equity market started the week with a decline as investors took profit from blue chip companies like ZENITH…

5 years ago

FG signs investment promotion deal with Singapore, Morocco

The Federal Government said it has signed an investment promotion deal with Singapore and Morocco. It also stated that it…

5 years ago

Africa To Lose 30 Million Jobs Due To COVID-19 – Adesina

President of the African Development Bank Group, AfDB, Akinwumi Adesina has said up to 30 million jobs will be lost…

5 years ago

GiTEX 2020: Nigeria Expecting $50m Investment – Pantami

The Federal Government has disclosed that about 50 million dollars foreign investments are already being expected into the economy for…

5 years ago

OPEC member countries meet over oil production

Members of the Organization of the Petroleum Exporting Countries (OPEC) held a virtual meeting over an extension to oil production…

5 years ago

CBN further devalues Naira, exchanges N392/$ in BDC

The Central Bank of Nigeria (CBN) has further devalued the naira for the third time this year at different segments…

5 years ago

Firms expect borrowing, inflation rates to rise – CBN survey

The Central Bank of Nigeria (CBN) has said the firms that participated in its latest business expectations survey expect borrowing…

6 years ago

Business conditions improve in private sector amid strengthening demand

The Nigerian private sector experienced a positive start to the final quarter of 2020 with output and new orders both…

6 years ago

Nigeria recorded fiscal deficit of N409.39bn in August – CBN

The Central Bank of Nigeria (CBN) has disclosed that the Federal Government recorded a fiscal deficit of N409.39bn in August…

6 years ago

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