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Oil Price Appreciates To $60.5, Nigeria, Others Meet

The price of Brent, which is the crude Nigeria’s oil is priced, appreciated on Sunday to $60.51 per barrel. This came as Nigeria’s team met...

Consumers See Naira Appreciation, Higher Inflation, Interest Rates In 2019

Purchasing Managers Index hit all time high of 61.7% in December CBN rattles interbank with N1tr liquidity mop up IN spite of the increasing risk...

Oil Licensing: Nigeria Lags Behind as Angola, Others Move Ahead

WHILE MANY OIL-PRODUCING COUNTRIES, INCLUDING ANGOLA AND NORWAY, ARE EXTENDING EFFORTS TO RAMP UP THEIR PRODUCTION AND RESERVES, NIGERIA HAS FAILED TO HOLD ANY...

World Bank commits US$120m to 3rd Regional Disease Surveillance (REDISSE) Project

The World Bank Board of Directors has approved the 3rd Regional Disease Surveillance Systems Enhancement, REDISSE, project, committing additional US$120 million to the work...

World Bank To Deliberate on Nigeria Multi-billion Dollar Loan Request

World Bank Executive Board will determine whether to approve Nigeria loan or otherwise. Barring any change of plan, the World Bank will, tomorrow, deliberate on...

Report Cases of Illegal Charges By Banks — CBN Tells Customers

-- CBN would not do is to allow your banks to reap you off The Central Bank of Nigeria (CBN) has advised bank customers to...

The Indian Rupee Is Getting Crushed By Its Own Central Bank

Rising inflationary pressures and accelerating economic growth in Q3 have prevented the Central Bank of Nigeria from cutting interest rates from 13.5%. However, if economic...

Sterling Rise As Farage Says His Brexit Party Will Not Challenge...

Sterling jumps as Farage says his Brexit Party will not challenge Conservative seats at election Nigel Farage at the Brexit Party’s General Election campaign launch...

Good News! Oil Price Hits $60, Raises Hope For Nigeria’s 2019...

THE oil price rebound, yesterday, reached a significant point, selling at $60 per barrel, as the Organisation of Petroleum Exporting Countries, OPEC, continue to...

GDP Report: Europe’s Economic Frailties On Display after Draghi’s Downer

GDP from France, Italy, Spain, euro area due to be published  ECB President has acknowledged the deteriorating backdrop Europe’s economy is giving the optimists little...

FG spends N2.6trn on fuel import in 9 months — report

Nigeria spent N2.582 trillion on fuel importation in nine months, from January to September 2018, rising by 12.9 per cent from N2.289 trillion...
Abubakar-Bello

N3.6tn Lost in Non-Oil Exports — NEXIM

-- Nigeria Lost N3.6tn To Non-Oil Exports the past 5 decades Nigeria has lost about $10bn (about N3.6tn) over the past five decades in non-oil...

Euro Gains As U.S.-China Trade-Talk Optimism Boosts Sentiment

Euro recovers after being stuck in trading range against dollar for several months. The Emerging market currencies were mixed. The euro rallied and riskier currencies like...

Dollar Holds Most Of Its Gains After Wall Street Rally Pushes...

The dollar retained most of its overnight gains on Thursday but was off its peak for the week so far amid thin volumes, as...

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