Category: Trade
China Ready To Assist Nigeria Boost Export, Industrialisation – Envoy
Cui Jianchun, the Ambassador of the Peoples Republic of China to Nigeria, has said that China was ready to work…
NGX Pushes Ahead With Retail Participation Drive
The Nigerian Exchange Limited has announced that it will be holding its fourth retail investor workshop in 2021 in line…
Senate Approves Buhari’s $16 Billion, €1 Billion Loan Requests
The upper legislative chamber also approved grant components of $125 million. The president had requested the facilities in an addendum…
Forex Scarcity: How We Help Manufacturers Get Dollars – Adebayo, Trade & Industry Minister
Otunba Richard Adeniyi Adebayo, Minister of Industry, Trade and Investment, giving his mid-term report, explains how his ministry supports manufacturers…
U.S. Senate Introduce Bill To Limit Big Tech Mergers
Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to…
Chinese Markets Dragged On Asian Shares While Dollar Stands Tall
Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after…
Nigerian National Petroleum Corporation Contribution To Federation Account Dropped By N13 Billion
The total contribution of the Nigerian National Petroleum Corporation (NNPC) to the federation account dropped by N13 billion in September 2021.…
China Applies To Join DEPA
China has applied to join the Digital Economy Partnership Agreement (DEPA) on Monday, the commerce ministry said. China said the…
Saudi Arabia Oil Giant “Aramco” Record 158% Increase In Q3
Saudi Arabia’s oil giant Aramco has posted a 158% increase in third quarter net income to $30.4 billion, as the…
Crypto Startup QuickNode Raises $35 Million In Series A Funding Round
Blockchain development platform QuickNode has raised $35 million in a Series A funding round, the company said Wednesday. The round was…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform. The eNaira is a culmination of several…
CBN Introduces E-Naira Speed Wallet And E-Naira Merchant Wallet
The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. The eNaira was…
Dangote Cement Plc: PAT Of N191.6 Billion
Dangote Cement Plc built an after-tax profit of N191.6 billion at the end of its half-year trading in June 2021.…
Nigeria Stock Exchange Equities Investors Gain N237 Billion
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday, occasioned by gains in…
Facebook, Twitter, Other Social Media And Digital Advertising Companies Stocks Drop
Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in after-hours trading, after Snap reported it missed revenue expectations…
IMF Project 2.7 Percent Economic Growth For Nigeria In 2022
The International Monetary Fund, IMF, has projected a 2.7 per economic growth for Nigeria in 2022 and 2.6 per cent…
Nigeria External Reserves Rise To $40 Billion In Three Weeks
Nigeria’s external reserves gained $3.98bn in three weeks, rising above the $40bn mark, according to data obtained from the Central…
Exxon Mobile Reduce Production In Chad
Exxon Mobil said on Wednesday it had temporarily cut back production at its unit in Chad and reduced staffing in the…
Turkey And Nigeria Sign A Bilateral Agreement On Improving Security And Trade
The need to improve security and trade between Nigeria and Turkey formed the highlight of the bilateral agreements signed yesterday…
Bitcoin Hit All Time High
Bitcoin notched a fresh all-time high on Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded…
Chinese Exporters Hikes Price By 10%
Chinese exporters are hiking prices, injecting inflation risk into a global economy already hit by supply chain and shipping disruptions. At…