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Economy

Latest Economy News

FirstBank Promotes Career Development of Staff, Graduates third set of its Senior Management Development Programme (SMDP) Participants

FirstBank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated

Buhari Directs CBN To Implement Zero Allocation Of Forex For Food, Fertilizer Imports

President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria ”not

Buhari’s Aide Slams Niger Delta Govs For Misappropriating 13% Derivation Fund

The Special Adviser to the President on Niger Delta, Senator Ita Enang

Economists Urge FG to Channel Subsidy to Infrastructure, Human Capital Development

  Some Economists on Thursday advised the Federal Government to channel the

FG Harps On Urgency Of N2.3trn Economic Sustainability Plan

Vice President Yemi Osinbajo says there is need for the relevant ministers

Eurozone Q2 GDP Contraction Revised To 11.8%

The eurozone’s gross domestic product shrank slightly less than initially estimated in

Naira Closes At N435 To Dollar At Parallel Market

The Naira on Monday gained N5 to close at N435 to the

How Gbajabiamila’s visit changed Nigeria, Ghana trade war

The recent visit to Ghana by the Speaker of House of Representatives,

FOREX: Dollar Holds Tight Ahead Of Key U.S. Jobs Data

The dollar steadied against major currencies on Friday as traders awaited key

NITDA Urges Nigerians to Prepare for 4IR

  The National Information Technology Development Agency (NITDA), says Nigeria must begin

World Food Price Index Rises in August – FAO

    World food prices rose for a third month running in

NLC Kicks Against Hike In Fuel Price, Don Reacts

The Nigeria Labour Congress(NLC) has rejected the increase in Premium Motor Spirit

Rob Shuter Steps Down From MTN Nigeria Board

MTN Nigeria Communications Plc has informed the Nigerian Stock Exchange (NSE) and

Stock Market Indices Advance Further By 0.18%

The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further

Oil Rises Towards $46 On U.S. Inventory Drop, Economy Hopes

Oil rose towards $46 a barrel on Wednesday, gaining for a third

Heritage Bank Supports Youth Entrepreneurs To Stimulate Economic Growth

Heritage Bank Plc says it will support youths entrepreneurs to grow businesses

21 Ships Discharge Petroleum Products, Other Items At Lagos Port- NPA

The Nigerian Ports Authority (NPA) said on Monday that 21 ships were at

Peak Season: MAERSK Line Has Suspended Surcharge — NSC

The Nigerian Shippers’ Council (NSC) on Monday disclosed that MAERSK Line had

We’ll prosecute all illegal miners – Zamfara govt warns

The Zamfara State Government has warned illegal miners operating in the state

Ease of Doing Business: FG reforms target World Bank high ranking

The Federal Government says the Presidential Enabling Business Environment Council (PEBEC) reforms

NSE: Trades Volume Down By 45.46%, Market Capitalisation Up

The volume of shares traded on the Nigerian Stock Exchange (NSE) on

NSE Halts Bullish Run, Down By 0.10%

The domestic bourse halted its bullish run on Thursday to record first

Afreximbank Provides $400m To Export Trade Group To Drive Agricultural Productivity

The African Export-Import Bank (Afreximbank), says it has approved a 400-million dollars

Brent Prices Rise On U.S. Output Cuts, China Trade Deal Hopes

Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting

CBN Moves To Address Forex Non-Repatriation By Some Exporters

The Central Bank of Nigeria (CBN) has directed all banks in the

NSE Opens Week With N3bn Growth

The nation’s bourse opened trading for the week on Monday on a

Coronation Merchant Bank Unveils Mobile Banking App

Coronation Merchant Bank on Monday unveiled its mobile banking application to enable

Naira Loses Value Against the CFA by 108% in Five Years

The Nigerian Naira has been in a five year free fall against

US Slash Oil Imports from Nigeria by 11.67 Million Barrels

The US has cut oil imports from Nigeria by 11.67 million barrels

Wike blasts major oil companies over siting of headquarters

Rivers State Governor, Nyesom Wike says the Niger Delta Region is safe