Thursday, March 19, 2026
Nigeria’s central bank buoys foreign exchange market with $545m, to sanction directive-breaching banks
The Central Bank of Nigeria (CBN) Monday sustained its intervention in the various sectors of the inter-bank foreign exchange market...
Read moreDetailsCompetition heightens in LNG market as Equatorial Guinea signs sales, infrastructure MoU with Burkina Faso
The MoU also calls for Equatorial Guinea to explore and produce oil and gas in Burkina Faso... Competition is heightening...
Read moreDetailsNEPAD set to bridge Africa’s $68bn infrastructure finance gap with 5% Agenda campaign in New York
The New Partnership for Africa’s Development (NEPAD), African Union’s economic development programme, is poised to bridge the continent’s $68 billion...
Read moreDetailsNigerian Breweries, Seplat, FBNH drag equities market bearish as benchmark index tumbles 0.4%
Nigeria’s equities market’s bearish close Friday was extended in Monday’s trade as bourse’s all-share index shed another 0.4 percent to...
Read moreDetailsIndia to overtake China as economic superpower as workforce to expand to 1.08bn in 20yrs
India is poised to emerge as an economic superpower, driven in part by its young population, while China and the...
Read moreDetailsEthiopian Airlines plans major expansion of regional ventures, takeover of Nigeria’s Arik Air misreported, says CEO
Ethiopian Airlines Enterprise is in talks about founding regional divisions in Zambia and Chad and aims to buy part of...
Read moreDetailsNigeria consumer inflation in 7-month low at 16.01% in August as base effect wanes further
Nigeria’s consumer price index (CPI), which measures inflation or the average change over time in prices of goods and services...
Read moreDetailsOil outlook brightens as prices near $56 on rising demand
Though oil prices opened the week lower, there are expectations Friday that they are on course for weekly gains, the...
Read moreDetailsUnited Nations urges end to austerity, calls for ambition to rebalance global economy
The global economy appears stuck on its way to recovery, according to a United Nations Conference on Trade and...
Read moreDetailsDanish govt taps into Nigeria’s N800bn animal feeds market with 10% equity financing in NNPC, Unibio A/S JVC
In a bold move to tap into Nigeria's N800 billion animal feeds market, the Danish government is to guarantee a...
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