The African Union (AU) on Wednesday stressed that capital markets are crucial imperatives for efficient functioning of Africa’s financial markets and for the promotion of domestic and foreign savings and…
Read More AU stresses important role of capital markets in domestic, foreign savings
US President Donald Trump on Wednesday urged OPEC members not to slash production at their upcoming meeting, saying global oil prices should remain low. Trump’s comment came as members of…
Read More Trump asks OPEC not to cut production
Ebun Francis| The Nigerian National Petroleum Corporation (NNPC) says it couldn’t allow continued attacks on the Trans Forcados pipeline hence the security contract it awarded to Ocean Marine Solutions (OMS).…
Read More We followed due process in awarding pipeline protection contract to Oshiomhole’s friend- NNPC
In its first intervention in the foreign exchange market for the month of December, the Central Bank of Nigeria (CBN) on Tuesday, December 4, 2018, injected the sum of $210…
Read More CBN Opens December sale with $210m
By Emeka Ejere The various initiatives aimed at encouraging domestic production, have resulted in Nigeria’s monthly import bill falling significantly from $665.4 million in January 2015, to $160.4 million as…
Read More Nigeria saves $21bn from forex restriction on food items – Emefiele