OPEC members lost $1trn in 2 years to price slump – Barkindo
The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammed Barkindo, on Monday disclosed that member nations lost...
FX Trades Double as CBN Restores Transparency in the Nigerian FX Market
…Authorized Dealers Commence Trading and Reporting of FX Transactions on FMDQ System The Central Bank of Nigeria (CBN) has displayed...
Tourism: Jeff Bezos plans to travel to Space on Blue Origin Flight July
Jeff Bezos said he will go to space when his company, Blue Origin, launches its first passenger-carrying mission next month. The...
Akwa Ibom is ready to Host Nigerian Tour Operators for the 5th NATOP AGM – Esin
The Akwa Ibom Commissioner of Tourism Orman Esin and his information and strategy counterpart Comrade Ini Ememobong were effusive in...
Oil steady after mixed U.S. crude inventory report
Oil prices steadied on Thursday following two straight days of gains that took oil futures to highs not seen in...
Asia Stocks steady, U.S. Futures slip, yields rise
Asian stocks were steady and U.S. equity futures edged lower Monday as traders weighed Janet Yellen’s comments on higher interest...
Nigeria imports over $580m worth of cassava by-products annually, says CBN
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said that the country spends over $580 million on the...
Electronic Payment Transactions Hit N21.27tn in May
Transactions across various electronic payment channels rose marginally by 0.38 per cent to N21.27 trillion in May 2021, up from...
FG records N3.94tn trade deficit in Q1
The National Bureau of Statistics (NBS) on Saturday said Nigeria recorded a trade deficit of N3.94 trillion in the First...
USD 50m Term Loan signed by United Ban for Africa Plc (UBA) and DEG
United Bank for Africa Plc (UBA) and DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, recently signed a USD 50m Term Facility...
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