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BUSINESS NEWS
Business and Economic News from Nigeria
Due to the decline in the price of crude oil in Q1 2020, aggregate export earnings declined by 14.9%.
Half-year results from different brewing companies have revealed that the entire sector in Nigeria may be moribund.
CAP plc’s Q2 2020 result was marginally worse than its Q1 results.
Insider trading from foreign majority-owned stocks (FMOs) has been on the increase. Could this be why this is happening?
Thousands of Nigerians have reacted to this development on Twitter.
The 4 Nigerian firms will be ineligible to participate in Bank-financed projects during the debarment period.
CAMA has its issues but these 5 allegations against it are overblown.
The plan to source its raw materials locally helped reduce costs of maize sourcing per ton.
Big Oil has been bruised by the pandemic, but it is not in retreat.
Oil prices began to recover remarkably, but the naira does not seem to follow the path of recovery.
In contrast, the exchange rate at the parallel market gained on Wednesday as it closed at N477/$1.
She has been serving as the bank’s cluster chief for Sub-Saharan Africa since November 2019.