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BUSINESS NEWS
Business and Economic News from Nigeria
Investors gained N104.22 billion.
Okonjo-Iweala said she has all it takes to become the first African DG of the global trade force.
OPEC expects the increase in supply to be offset by countries like Nigeria
The Giveaway scammers pulled off the hack of the year, but only managed to make $58,000 USD.
The bill will give the CBN new sweeping powers to curb financial fraud and manage distressed banks.
Analyst survey expects the dollar to weaken by about 2% to 94.1 by the second quarter of next year.
Goldman Sachs surged after it reported that its trading revenue doubled in the second quarter.
Amolegbe called for regulators to suspend recapitalisation because of the coronavirus pandemic.
The current account deficit is critical to deciding on whether to devalue or not.
The forex turnover dropped by 64.4% while the exchange rate remained stable at N386/$1.
OPEC+ is expected to further step up oil production cuts beyond the July expiry date.
Apex bank to hold its 274th Monetary Policy Committee meeting on Monday, July 20, 2020.