Opening the week, the Lagos bourse extends losses from the previous week, as the benchmark Index fell 0.53% to settle at 101,777.12 points. Losses in Tier-1 banking tickers, GTCO (-7.73%), FBNH...
The World Bank’s new Middle East and North Africa economic update, entitled Conflict and Debt in the Middle East and North Africa, shows that lackluster growth, rising indebtedness...
National Bureau of Statistics has said that Nigeria’s headline inflation rate nudged higher to 33.2% y/y in March 2024 from 31.7% y/y in the previous month....
Nigeria has recorded its fifth power system collapse in 2024, thus throwing many parts of the nation into darkness. Already, many Electricity Distribution Companies, DisCos, have...
World Bank has said in a report that half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest economies for...
By Hadiza Oyewumi My overall impression during the five and half hour flight was that Nigerians are increasingly appreciating the need to patronise Nigerian flag carriers....
The Executive Board of the International Monetary Fund (IMF) said it has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term...
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of crude...
To close the holiday shortened week, the All-Share index of the local bourse slipped further by 0.71% to 102,314.56. Bearish sentiment continued to prevail in some...
Food and Agriculture Organisation, FAO, United Nations International Children’s Emergency Fund, UNICEF, and World Food Programme, WFP, have said that currency devaluations, soaring inflations, stagnating production,...
