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...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rose by 1.16 percent on Wednesday, June 24. The day’s positive outcome came as a result of...
By Dipo Olowookere The Nigerian Stock Exchange (NSE) further depreciated by 0.38 percent on Wednesday on the back of sustained sell pressure. The decline yesterday was...
By Tenebe Anthonia The chief executive officer of Guinness Nigeria Plc, Mr Baker Magunda, has assured shareholders of the company of better value through improvement in...
By Modupe Gbadeyanka The urgent need for the reorganisation of the present structure of the financial market in Nigeria has been stressed by stakeholders in the...
By Dipo Olowookere Despite acquiring a 100 percent stake in Telluria Limited in mid-2019, Ellah Lakes Plc was unable to generate any revenue in the first...