Naira for Crude: A Potential Game-Changer for Nigeria’s Economy
The Nigerian economy might just be on the horizon of hope after all. The recent policies and actions of the government shows a deliberate move to rejig the economy. While…
The Nigerian economy might just be on the horizon of hope after all. The recent policies and actions of the government shows a deliberate move to rejig the economy. While…
In a landmark move aimed at diversifying its debt portfolio and attracting foreign investment, Nigeria is set to issue its inaugural dollar-denominated domestic bond next Monday. The Dollar Bond, with…
Nigeria’s bond market experienced a downturn in July, lagging behind its African counterparts, according to the AFMI Bloomberg African Bond Index. The market recorded a decline of 1.8 percent, a…
The Nigerian naira experienced a reversal of fortune on Tuesday, depreciating by 0.70 percent at the official Nigerian Autonomous Foreign Exchange Market (NAFEM). This marks the first decline after a…
Nigerian oil production increased to 1.307 million barrel per day for the month of July according to the OPEC Monthly Oil Report released on Monday. The report revealed that production…
Crude prices, Monday, hit USD82 dpb in the early hours before declining slightly. The early Monday prices are the peak from the recovery that has spanned over two weeks enabled…
The global oil market witnessed a price surge for Brent crude on Thursday, settling above $85 per barrel. This two-day rally follows positive economic data from the United States, indicating…
Nigeria is grappling with a severe food security challenge, as evidenced by skyrocketing food prices. In response, the government has announced a comprehensive plan, spearheaded by the Ministry of Agriculture…
The Nigerian Exchange Group (NGX Group) Plc has taken a significant step towards boosting the efficiency and accessibility of the Nigerian capital market with the launch of NGX Invest, a…
Nigeria’s agricultural sector has received a significant boost, with a recent report revealing a massive 40.2 million households actively involved in farming activities. This data, unveiled in the 2022 National…