By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed in the flat territory on Thursday, June 25, 2020, as major market indicators remained unchanged from...
By Dipo Olowookere The market capitalisation of the Nigerian Stock Exchange (NSE) further depreciated on Thursday by N16 billion to N12.846 trillion from N12.862 trillion. It...
By Adedapo Adesanya The Nigeria Sovereign Investment Authority (NSIA) has concluded plans to invest another N114 billion into the Presidential Fertiliser Initiative (PFI). This will increase...
By Adedapo Adesanya The Manufacturing Purchasing Managers’ Index (PMI) in Nigeria stood at 41.1 points in June 2020, contracting for the second time. Business Post had...
By Adedapo Adesanya The Association of Bureau De Change Operators of Nigeria (ABCON) has lamented over the foreign exchange (forex) crisis facing the country, saying that...
By Adedapo Adesanya Nigeria’s total crude oil and gas export plunged 30.9 percent in the month of March 2020 to $256.2 million, according to the latest...
By Adedapo Adesanya The International Monetary Fund (IMF) in its latest forecast has downgraded expectations for the Nigerian economy for the 2020 fiscal year. The Bretton...
By Dipo Olowookere United States-based rating agency, Fitch Ratings, has expressed worry about the sharp increase in the debt to revenue ratio of Nigeria. A director...
By Adedapo Adesanya Oil prices took a downturn on Wednesday, shedding as much as 5 percent as investors worried about record high crude inventories and a...
By Adedapo Adesanya The gradual increase in the demand for foreign exchange (forex) at the currency exchange market on Wednesday weakened the local currency against the...