The Central Bank of Nigeria (CBN) in Abuja announced it would act on the rising inflation and exchange rate in 2024. The bank also revealed that there will be fewer revenue exports in the 2024 fiscal ...
The Dangote Petroleum Refinery has resumed purchasing crude oil from the United States after a three-month pause, signaling a strategic push to boost refining operations and oil production capacity.Ke...
The Nigerian economy has been reported to have slid below various projections to appear on a landscape highlighting negative growth despite different aggressive fiscal and monetary intervention reform...
Many businesses choose to have a particular line of focus in order to properly channel their resources and make a profit. Not Carlos Slim, a Mexican business magnate, entrepreneur, inve...
What is Petro? By definition, Petro is a cryptocurrency proposed by Venezuelan President Nicolas Maduro in December 2017. The value of petro would be based on the country’s oil, natural gas, an...
On Thursday, Russia unleashed an all-out land, air, and sea attack on Ukraine, the worst invasion by one country against another in Europe since World War II and validation of the West's worst fears...
One of the challenges some investors might face in the market is knowing when to buy and when not to.Considering that a bullish and a bearish market can be both favorable and unfavorable, every invest...
The Dangote Group has stated that it intends to invest significantly in the steel sector of the economy.This was revealed by Olakunle Alake, Dangote Group's group managing director, during a roundtabl...
In Nigeria, there are debates and public statements circulating on how to revive the faltering economy by utilizing the non-oil industries as a base in the context of increasing economic issues. T...
AMP Capital chief economist, Shane Oliver suggested, going by history, that market shocks from geo-political events do not last for a long period of time.In the early hours of Friday, (Jan 3rd) there ...