Wednesday, June 24, 2026
Nigeria records positive trade balance in Q2 despite exports falling 29.6% q-on-q
Nigeria recorded a positive trade balance in the second quarter of 2017 despite the value of exports falling 29.6 percent...
Read moreDetailsBitcoin is a ‘fraud’ that will eventually blow up, says JPMorgan CEO,
Jamie Dimon, chief executive officer at JPMorgan Chase has taken a shot at bitcoin, saying the cryptocurrency “is a fraud”....
Read moreDetailsGlobal food trader to boost Nigeria’s agribusiness with $150m investment
Olam International Ltd. invested $150 million in animal-feed mills and poultry farms in Nigeria as it seeks to boost its...
Read moreDetailsGE signs $25m partnership with Hewlett Packard on cyber-related digital solutions across Africa, Middle East, Turkey
GE, the digital industrial company, has signed a $25 million strategic partnership agreement with Hewlett Packard Enterprise (HPE) that will...
Read moreDetailsDecision on oil-cuts extension may be in March 2018, says Kuwait
Minister Issam Almarzooq, Kuwait’s oil minister said OPEC and allied oil producers will keep reviewing options for their agreement to...
Read moreDetailsSupply-side factors of shale, new technologies to keep oil prices lower for longer
Oil prices have been forecast to remain lower than the pre-2014 $100 a barrel for a longer period on supply-side...
Read moreDetailsAugust inflation to come in at 15.97%, says Access Bank’s EIG, expects high treasury bills rate on CBN liquidity tightening
Analysts at Access Bank’s Economic Intelligence Group (EIG) say they are betting on Nigeria’s year-on-year August inflation coming in at...
Read moreDetailsInvestors’ bet on Nigerian stocks wanes as bourse extends losses to third consecutive session
The Nigerian equities market extended losses Tuesday as investors' sentiment waned for the third consecutive trading session, pushing benchmark index...
Read moreDetailsTshabalala leads Africa’s biggest bank as first sole black CEO
Sim Tshabalala appointed sole chief executive officer of Standard Bank Group Ltd, ending a dual role he shared with Ben Kruger,...
Read moreDetailsOPEC talks on oil cuts extension beyond March 2018
OPEC and its allies are discussing extending the oil production cuts that expire in March 2018 by more than three...
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