Mass resignation rocks Nigerian companies as “Japa” for better life spirals out of control
Nigerian companies are set to lose a huge number of their staff in August and September due to mass resignations...
Most valuable companies in Nigeria as of July 2022
Nairametrics presents the ranking of the most valuable listed companies in Nigeria as of the end of July 2022.
Nigerian insurtech, Evolutics, secures $250,000 funding to provide digital insurance infrastructure across Africa
Nigerian Insurtech startup, EVOLUTICS, has secured an additional $250k pre-seed funding, following the success it has made to date.
Nigeria’s population growth is why we have galloping inflation rate – Bode Agusto Report
Controlling Nigeria’s rising rate of population growth has been suggested as a possible panacea to the country's high inflationary pressure.
Crude oil export pushes Nigeria’s balance of payment surplus of $2.6 billion in Q1 2022
Nigeria’s balance of payment account surged significantly in the first quarter of 2022 to $2.58 billion from $54.22 million recorded...
Exchange rate falls further to N718/$1 at black market
Naira has depreciated to a record low at the black market after the local currency closed trading on Thursday at...
How Nigeria’s Excess Crude Account got depleted
Despite the rally in the price of crude oil, Nigeria’s excess crude account has now fallen to a record low...
US slips into recession after GDP contracts by 0.9% in Q2 2022
The US has recorded a 0.9% contraction in its gross domestic product in the second quarter of 2022, following a...
Central Bank of Nigeria’s July 2022 Treasury Bills auction records 23% oversubscription
The CBN’s Treasury Bills auction for a 364-Day tenor, which sought to raise N258.5 billion from investors, recorded an oversubscription...
Naira falls to N700/$1 at black market
The exchange rate between the naira and the US dollar has fallen beyond the N700/$1 threshold at the parallel market...
