African countries should hasten the adoption of the Chinese legal tender — yuan — as a reserve currency amid increased bilateral trade with China, a Kenyan economist said.
Bernard Ayieko, a... Read More...
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The Central Bank of Nigeria Governor, Mr Godwin Emefiele has assured Nigerians that the rise in inflation is temporary and will go down aggressively in another three to four months.
A... Read More...
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The Danish Ambassador to Nigeria, Amb. Jesper Kamp, says his home government is now committed to creating job opportunities for Nigerians than giving them financial aids.
Amb. Jesper... Read More...
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The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a 1.16 million dollar grant as part funding for the... Read More...
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Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also... Read More...
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The Federal Executive Council has approved the submission of Memorandum of Law for additional capital increase for Nigeria at the International Bank for Reconstruction and Development.
NAN... Read More...
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Nigeria is producing 1.6 million – 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of the Nigerian National Petroleum Corporation said on Wednesday, adding that the... Read More...
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Visa Inc plans to acquire a “significant minority” stake in payments platform Interswitch, the Nigeria-based company said on Tuesday.
Interswitch did not provide financial details in its... Read More...
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Oil prices rose on Tuesday, reversing early losses on hopes that U.S. President Donald Trump may signal progress on trade talks with China in a speech later in the day.
Brent crude futures... Read More...
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The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that Nigeria lost about $42 billion to crude theft as well as domestic and refined petroleum products losses between 2009... Read More...
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