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Economy

Latest Economy News

Debt servicing: Nigeria’s in crisis – Atiku reveals

Nothing has shocked me in my entire life in public service as

SERAP seeks details of N800bn recovered loot, alleged payments into individual accounts

Socio-Economic Rights and Accountability Project, (SERAP) has sent a Freedom of Information

NSE Market Opens Week With N119bn Loss

Nigerian equities market resumed trading on Monday with a loss of 0.91

NNPC Publishes Audited Financial Statements

The Nigerian National Petroleum Corporation has made audited financial statements public so

Nigeria will soon go bankrupt with present governance structure – Emir Sanusi

Former Emir of Kano, Muhammadu Sanusi II has reiterated his stance that

U.S.’s Pompeo To Meet China’s Top Diplomat In Hawaii

U.S. Secretary of State, Mike Pompeo, will meet China’s top diplomat, Yang

President Buhari Receives ESC Report From Osinbajo

President Muhammadu Buhari has received the report of the Economic Sustainability Committee

US Govt Says Will not Shut the Economy even if COVID-19 Resurfaces

US Treasury Secretary, Steven Mnuchin has said the US economy cannot afford

13 Vessels Conveying Fuel, Frozen Fish And Other Items Expected At Delta Ports

The Nigerian Ports Authority (NPA) says 13 vessels laden with petrol, diesel,

Asia Stocks Snap Winning Streak, Bonds Rally On Downbeat Fed

Asian shares swung lower on Thursday while bonds rallied after a downbeat

Cargo Evacuation By Rail Will Help Decongest Port —- NSC Director

  Nigerian Shippers’ Council(NSC) on Monday said it would be supervising the

World Shares Advance On Surprise U.S. Job Recovery, Oil Steadies

Global share prices edged higher on Monday after a surprise recovery in

BUA Cement plc releases Unaudited Financial results for Q1’2020

...revenue increases by 25.1% to N54.0 billion: profit before Tax (PBT) rises

NPA Expects 16 Ships Carrying Petroleum Products, Others At Lagos Ports

The Nigerian Ports Authority (NPA) says it is expecting 16 ships laden

AfDB approves $288.5m for Nigeria COVID-19 Response Support Programme

The Board of Directors of the African Development Bank has approved 288.5

AfDB Probe: Group Tells Board Of Governors Not To Compromise

The Nigerian Youth Parliament (NYP) has called on the Board of Governors,

Fake diesel now in circulation – NNPC warns

The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over prevalent

AfDB Board Authorises Independent Body To Review Ethics Committee Report

The Bureau of the Boards of Governors of the African Development Bank

LCCI, MAN Praise CBN’s Bailout Funds For Economic Recovery

Manufacturers have praised efforts of the Central Bank of Nigeria (CBN) on

Buhari’s Agricultural Revolution To Create 5m Jobs, Inject $10bn Into Economy

The President Muhammadu Buhari’s agriculture revolution programme tagged “The Green Imperative’’ will

Vietnam’s Automobile Import Down 29.7% In 5 Months

Vietnam spent nearly $2.2 billion on importing completely-built automobiles and components for

UK Car Sales Almost 90% Below Normal In May – SMMT

British car sales edged up in May after falling to their lowest

Malaysia’s Petronas Enters Myanmar Gas Market

Malaysia’s state-owned oil firm Petronas has entered Myanmar gas market with first

Nigerian Stock Market Appreciates N13bn

The Nigerian Stock Exchange (NSE) market capitalisation closed upbeat on Wednesday, growing by

10 Vessels Expected At Delta Ports– NPA

The Nigerian Ports Authority (NPA) says 10 ships laden with fuel, bitumen

Afreximbank Partners International Trade Centre To Enhance Businesses In Africa

The African Import-Export Bank (Afreximbank), says it is collaborating with International Trade

Brent Oil Rises To $40 Amid Hopes For Output Cuts, Recovery

Oil rose on Wednesday, with Brent at $40 for the first time

Vietnam’s Phone Export Down 8.8% In 5 Months

Vietnam earned nearly $18 billion from exporting phones and components in the

Board Of Internal Revenue Bill Scales 3rd Reading At Bayelsa Assembly

The Board of Internal Revenue (Repeal and Re-Enactment) Bill, on Tuesday, passed

NSE: All-Share Index Rises Further By 0.27%

The Nigerian Stock Exchange (NSE) extended positive stance on Tuesday  with the