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ON THE MONEY
On the Money are stories and analysis tracking the movement of smart money across the capital and money market.
The Federal Government has reacted to the exclusion of Nigeria from the list of countries to benefit from the International Monetary Fund ‘s (IMF) debt
The wise saying, “never let a good crisis to waste” appears to be bearing fruit for some savvy...
In order to help Nigeria fight the coronavirus pandemic, the European Union (EU) is supporting the country with €50 million.
After reaching support levels of above $6,700, bitcoin price started to surge against the US dollar. BTC price rose above the $6,900 and $7,000 levels.
Oil prices slumped more than 50 cent a barrel on Monday, even after major producers agreed their biggest-ever output cut.
At the currency exchange rate under the investors and exporters (I&E) window, the naira dropped slightly to close at 386.8.
OPEC and OPEC+ finally agreed to a historic cut in crude oil output as part of measures geared towards tackling the global oil crises.
Nigeria recorded a total export revenue of $10.4 billion in 2019, the highest since 2008 which is farthest we can trace Nigeria's export data.
India, one of Nigeria's largest crude oil buyers has reduced its demand for crude oil by a whopping 70%.
As a fall out of the fire incident that recently gutted the office of the Accountant-General of the Federation, the Federal Government has denied news making the rounds that it lost the sum of N700 billion COVID-19 relief funds to the incident.
The African Petroleum Producers’ Organization (APPO) has expressed its support for the resolutions that were reached during the 9th OPEC and non-OPEC Ministerial meeting which was held on Thursday, April 9, 2020.
Global venture capital firm, Index Ventures has raised $2 billion to fund startups in their early and late stages.