By Adedapo Adesanya The Naira depreciated further against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, July 9. During the trading...
By Adedapo Adesanya Oil fell on Tuesday following traders’ discovery that extended supply interruptions were unlikely since Hurricane Beryl’s damage to the US oil-producing powerhouse in...
By Modupe Gbadeyanka The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, has revealed plans to source another $2 billion crude-for-cash...
By Dipo Olowookere A 0.20 per cent loss was recorded by the Nigerian Exchange (NGX) Limited on Tuesday as investors maintained their profit-taking stance. The selling...
By Adedapo Adesanya The Debt Management Office (DMO) has reiterated that Nigeria’s debt-to- Gross Domestic Product (GDP) ratio is within the specifications of the World Bank...
Low unemployment rates (LUR) are often seen as an indication of a healthy economy. More people working means more income circulating, which can boost consumer spending...
By Adedapo Adesanya The House of Representatives has passed a resolution to carry out a forensic investigation into the resurgence of fuel queues in parts of...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange opened the week negative as it dropped 0.30 per cent on Monday, July 8 following losses recorded...
By Adedapo Adesanya The beginning of a new week did not signify a change in fortune for the Naira as it continued its fall of 0.94...
By Adedapo Adesanya Oil prices fell around 1 per cent on Monday as Hurricane Beryl shut refineries in the United States and ports along the Gulf...