Business and economic news from Nigeria and around the world.
The week investors stayed on the sidelines at Nigeria’s stock market
Aviation Minister orders NCAA, FAAN, others to relocate to Abuja in 45 days
FG gives reasons marketers are not allowed to determine petrol price
Naira drops to N454 against a dollar, as foreign investors, importers struggle for dollars
Nigeria’s Bonny light rises to about $27/barrel, oil prices set for 3-week consecutive gain
Dangote, Nestle, Zenith, GTBank hit home run as investors party with N94.4 billion
Fayemi slashes Right of Way charges for Telecom infrastructure
Global oil supply to drop by 12 million b/d to 9 year low, covid-19 resurgence still a concern – IEA
COVID-19: MTN says it has put strict measures in place to preserve resources
Facebook is building $1 billion high speed internet across Africa
Nigeria’s external reserves increase by $1.36 billion in 13 days