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Trade
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…
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…
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.…
Chinese Exporters Hikes Price By 10%
Chinese exporters are hiking prices, injecting inflation risk into a global economy already hit by supply…
NIgerian Railway Corporation Resumes Cargo Movement From Lagos To Kano, Kaduna Dry…
The Nigerian Railway Corporation (NRC), has resumed movement of cargoes in containers to Kano and…
Rising Transportation,Shelter And Food Price Push Canada Inflation Up By 4.4%
Canada's annual inflation rate accelerated to an 18-year-high in September, driven by rising transportation,…
Bitcoin Hit $64,241 After ETF Listing
The price of Bitcoin surged, near the all-time high after ProShares Bitcoin Strategy ETF, the first bitcoin-linked…
Nigeria Stock Exchange Place A Hold On Four Firm Shares Trading
The Nigerian Exchange Limited has suspended trading in the shares of four firms this year for falling short of…
European Market Trading Week Start On A Dull Movement
European stocks pulled back on Monday as global markets geared up for more big earnings reports.
The…
Federal Government Of Nigeria Offer N150 Billion Worth Of Bond Up For Auction
The Debt Management Office (DMO) on behalf of the Federal government has offered for subscription N150 billion…
Nigeria Crude Oil Production Is 360,000 bpd Lower Than OPEC Quota Despite The…
Nigeria saw its crude oil production increase slightly last month to about 1.25 million barrels per day, which is…
Federal Government Of Nigeria Targets $150 Billion Foreign Reserve From Non-Oil…
The Federal Government says its target is to add at least $150 billion to the nation’s foreign reserves…
Australian Shares Snapped Three Straight Sessions Of Losses
Australian shares snapped three straight sessions of losses on Thursday, helped by tech stocks and a near 5% jump…
Despite Forex Scarcity Fuel Imports Consumed $690 Million In Eight Month
As Nigeria’s refineries continue to sit idle, fuel imports remain a major user of foreign exchange as $690.19m…
European Market Experienced Change After A Wavy Week
The pan-European Stoxx 600 hovered around the flatline in early trade, with travel and leisure stocks shedding 1.1%…
Crude Oil Benchmark “Brent” Rise To $82.39 Per Barrel
Crude oil prices settled higher on the back of tightened supply balances and a weak United States employment report…
U.S. Oil Benchmark Crossed $80 Per Barrel First Time Since 2014
West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first…
Naira Exchange At N414.67 To $1 Officially
The exchange rate between the naira and the US dollar closed at N414.67/$1, at the Investors and Exporters window,…
China Forex Reserves Fall To Lowest Since April
China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on…
Oil Price Rise Above $81 whilst Nigeria’s production drops by 130,000 barrels
Oil prices climbed above $81 on Monday as the Organisation of Petroleum Exporting Countries and its allies…
Nigeria Manufactured Import Exceed Export By 4.3 Trillion
The value of manufactured goods imported into the country exceeded exports by N4.37tn in the second quarter of…
Hong Kong Stocks Fall By Nearly 1%
Shares in Asia-Pacific traded mixed on Thursday, as investors reacted to the release of Chinese factory activity…
Bank for International Settlements Says Digital Currencies Will Reduce The Cost Of…
The Bank for International Settlements has said digital currencies will reduce the cost of cross-border payments.…
Pan-African Payment and Settlement System Set To Boost Intra-African Trade
African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA)…
Uphold Quality Standards:Standard Organisation Of Nigeria
The Standard Organisation of Nigeria has asked electrical dealers to uphold the quality standards for them to…
African Legal Support Facility Celebrates Achievements As It Begins New 14-Year…
The African Legal Support Facility, which is an initiative created to help governments avert losses from business…
Brent Oil Futures Close At It Highest Level Since October 2018
The price of crude oil was up in London on Friday morning, climbing for a fourth day amid tighter supplies and a…
Chinese Estate Share Soared High After China Evergrande Group Announcement
Hong Kong-listed shares of investment holding firm Chinese Estates surged on Thursday after the firm announced…
2020 Trade Volume Between China Nigeria Was $20bn: Chinese Ambassador to Nigeria
The Chinese Ambassador to Nigeria, Ambassador Cui Jianchun, has said that the trade volume between his country and…
Chinese Glassmaker Raise $100 Million To Fund International Expansion And…
Chinese augmented reality (AR) glasses maker Nreal has raised $100 million to fund international expansion and…