Brent Crude Rises Past Govt. $38 Benchmark As Saudi/Iran Tensions Escalate
Global oil prices rose moderately over the weekend as tensions between Saudi Arabia and Iran grew over the executions of...
The Economics Of Naira Devaluation Explained
Since the presidential media chat there has been a considerable storm over the President Muhammadu Buhari’s no retreat no surrender...
This Pastor Made A Bold Prediction About The Naira In 2016
It is the season of predictions and 'luckily' someone has predicted about the economy. According to an article in the...
This Book Explains Why Africa Is Not Rising
The Looting Machine is a book written by former Financial Times correspondent, Tom Burgis and describes how corruption has stopped...
Naira Suffers 29% Depreciation Against The Dollar In 2015
Data from the parallel market reveal Nigerian exchange rate suffered a 29% depreciation against the dollar in 2015. The Naira...
Angola Gives Their Citizen New Year Present By Increasing Fuel Prices
The Angolan government on Friday cut its subsidies on fuel prices triggering an increase in fuel price. According to Reuters,...
Nigerian Stocks End A Disastrous 2015 With A N1.6 trillion Loss
The Nigerian All Share Index ended 2015 in negative territory as the All Share Index closed 28,642.25 posting -17.36% return year to...
Nigeria’s Foreign Reserves As At December 29, 2015 Is Down 15% YoY Drop
Nigeria's foreign reserves officially closed at $29.8 billion representing a 15.4% year on year drop. Nigeria's reserves which is pivotal...
For The 7th Straight Year, Nigerian Stocks Close December With A Gain
Source: TRW StockbrokersNairametrics File Nigerians stocks closed trading December 31st for a second straight day of rally as the All...
Here Is Why The All Share Index Gained BIG On Tuesday
The All Share Index posted its largest one day gain since April 2015 after it closed at 3.79% with a...
