Ekemini 13913 posts 0 comments

The Manufacturing Purchasing Managers’ Index (PMI) stood at 46.9 index points in September, indicating contraction…

The production cuts by the Organisation of the Petroleum Exporting Countries and its allies are expected to result…

Turkey’s central bank raised interest rates for the first time since a currency crisis in late 2018, surprising…

Citing the over 33 fertiliser blending plants across the country, currently producing about five million metric…

European stocks closed higher Wednesday as investors reacted to key data releases from the euro zone and weighed up…

Facebook said Wednesday it would not allow people to run ads on its services that declare victory in the November…

Health workers treating patients with the coronavirus may be at the top of the line to get a vaccine once one is…

A grand jury on Wednesday indicted a former Louisville, Kentucky, cop, Sgt. Brett Hankison, on wanton endangerment…

Amazon is distancing itself from the $500 “EX-Prime” bike launched by exercise equipment maker Echelon Fitness,…

The economic damage of a no-deal Brexit would be “two to three times” greater than COVID-19 over the long run, a…

Nigerian President Muhammadu Buhari has signed a long-awaited oil-reform bill and it will be formally presented in…

DEVELOPMENT of domestic capacity in methylformate-based innovations and production will boost the country’s foreign…

A former Emir of Kano, Muhammadu Sanusi II, has lamented the effects of wrong economic decisions on Nigerians.…

The Central Bank of Nigeria (CBN) issued a Circular Ref. No. TED/FEM/FPC/GEN/ 01/005 of 24 August 2020 to the…

The Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate by 100 basis points from 12.5 per cent to…

In recent times, any adjustment of FX rate by the CBN in an attempt to reduce the gap between the official rate and…

Challenged by dwindling revenue and crippling debt amid the COVID-19 pestilence, the Office of the…

A member of the British House of Lords, Upper House of the Parliament of the United Kingdom (UK), Baroness Anne…

The secrecy shrouding terms and conditions of contracts in Nigeria’s extractive sector has, once again raised…

Nigeria’s central bank cut its benchmark lending rate on Tuesday by 100 basis points to 11.5% in a surprise move…

The U.S. dollar rose against major currencies on Wednesday, supported by positive U.S. economic data and concerns…

Dr Titus Okunrounmu, a former director, Budgetary Department of Central Bank of Nigeria (CBN), has commended the…

GBPUSD=X) in the early hours of trading on Wednesday, following UK prime minister Boris Johnson’s address to the…

Civil servant Amos Dam is frustrated after waiting two hours to enter a bank in Nigeria’s capital Abuja. He is one…

Oil edged up to around $42 a barrel on Wednesday supported by rising investor risk appetite and a report that U.S.…

The euro fell to a two-month low on Wednesday as positive U.S. economic data and concern about a second wave of…

IMPORTERS and their agents have said that a 5.0 per cent increase is now effected in duty payable on all imports…

The Central Bank of Nigeria on Tuesday said going forward, it would be sharing the losses incurred by farmers on…

Sterling is having its worst month in four years and extended its fall against the dollar and euro on Wednesday…

On Sunday evening, Tesla CEO Elon Musk sent an email to all employees at the electric vehicle maker saying the…