July 14, 2020 - Market News Nigeria

Bank Of England Debating Digital Currency Creation

The Bank of England is reviewing whether it should create a central bank-backed digital currency, according to governor Andrew Bailey.…

the Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking sector and…

Nigeria, Africa’s top oil producer, generated $206.06bn in revenue from crude oil exports in the last five years, the Organisation…

Negotiations between the Federal Government and China Railway Construction Corporation Limited for the construction of the Ibadan Inland Dry Port…

Traders under the aegis of South-East Amalgamated Markets Traders Association have protested high demurrage at ports across the country. They…

Many Nigerians believe that rising inflation will lead to a weaker economy, according to a survey by the Central Bank…

The U.S. dollar edged down in Asian trade on Monday as investors looked to looming economic data from around the…

Sterling/dollar rose on Monday towards its 200-day moving average of $1.27, though it was last trading neutral at $1.2619. Against…

The University of Lagos, UNILAG, has been acknowledged as the third most productive school in educating entrepreneurs on the African…

COVID-19 cases rose above 13 million across the world on Monday, climbing by one million in just five days, with…

President Muhammadu Buhari has approved the newly reconstituted board of Nigeria Liquified Natural Gas(NLNG) and Bonny Gas Transport Limited (…

The Central Bank of Nigeria (CBN) has released guidelines on Global Standing Instruction (GSI) that would enable banks to debit…