Net Foreign Exchange Inflow into Nigerian Economy Increases by 7.3% in 2023
The net foreign exchange (Forex) inflow into the Nigerian economy saw a notable increase of 7.3 percent year-on-year, reaching $33.9...
TikTok Fights Back Against US Bill Threatening App’s Future
As the deadline looms for TikTok's future in the United States, the company is pushing back against a bill that...
Tesla Slashes Prices Amid Industry-Wide EV Delivery Decline
In response to a significant downturn in electric vehicle (EV) deliveries globally, Tesla has announced another round of price cuts...
Ethiopian Airlines Expands Reach with New Passenger Services to Warsaw via Athens
Ethiopian Airlines, Africa's largest network operating carrier, is set to broaden its footprint in Europe with the launch of new...
Nigeria’s FX Reserves Drop to Seven-Year Low, Naira Depreciates Amidst Foreign Investor Exodus
Nigeria's foreign exchange (FX) reserves witnessed a considerable decline this week, plummeting by USD502.99 million week-on-week to reach a seven-year...
Nigeria’s Consumer Prices Rise to 33.20% Year-on-Year in March, Food Prices at 19-Year High
According to data released by the National Bureau of Statistics (NBS), consumer prices in Nigeria maintained their recent uptrend, rising...
UK Consumer Prices Ease to 3.2% Year-on-Year in March, Lowest Since September 2021
According to data released by the Office for National Statistics (ONS), consumer prices in the United Kingdom (UK) eased by...
Chinese Economy Exceeds Expectations with 5.3% Year-on-Year Growth in Q1-2024
The National Bureau of Statistics (NBS) of China has reported that the Chinese economy outperformed market expectations by growing at...
Investors Trade N32.313 Billion Worth of Shares on NGX Despite Market Depreciation
Investors on the floor of the Nigerian Exchange Group (NGX) engaged in robust trading activity last week, with a total...
Nigeria Aims to Increase Oil Production to Meet Fiscal Targets, Says Finance Minister
Nigeria's finance minister, Wale Edun, has revealed ambitious targets for the country's fiscal deficit reduction and oil production during his...
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