A futures contract is a legal agreement signed between two parties to buy or sell a particular commodity, asset, or security at a predetermined price and an agreed date in future. The payment and deli...
Despite the coronavirus pandemic, there has been a rapid rise in wealth this year resulting in up to $5 trillion more wealth recorded. According to the Forbes 2021 Billionaires list released on ...
In a recent report published by the Nigerian government, foreign trade was recorded at N12.05 trillion in Q1 2023 which represented a 17.5% decrease compared to the recorded foreign trade of Q1 2022&n...
During the weekend, the National Bureau of Statistics announced that Nigeria recorded an N1.4 trillion trade deficit for Q4 2023.According to the released document titled "Foreign Trade in Goods Q4 20...
It was reported on Sunday that the country's local currency (naira) increased against the US dollar, breaking through key resistance levels to trade below N1,000 in certain black market segments.This ...
Nigerian industrialist and richest man in Africa, Aliko Dangote became $4.3 billion richer in 2019 as his fortune continued to grow following investments in cement, flour and sugar. According to Bloom...
The United Capital Plc has declared openly the nomination of Mr Leke Ogunlewe and the resignation of Mr Adim Jibunoh from the Board of the corporation.This was revealed via a report documented with ...
The International Monetary Fund (IMF) defines foreign direct investment as a type of cash inflow wherein investors transfer their funds to a business in a different economy with the intentio...
Since the inauguration of Bola Tinubu as Nigeria's President, Nigerians have been complaining about the removal of fuel subsidy, while some experts have asked the President to suspend the implem...
Investors who traded bonds in Africa this year were rewarded greatly. Africa's sovereign dollar debt yielded total returns of 20% since the start of 2019. This alone is more than any other region in e...