Africa’s exports to grow by 5.3% in 2024, fastest in the world- WTO
The World Trade Organisation (WTO) in its trade outlook for 2024 has projected that exports from Africa will increase at ...
Tag: Suez Canal
Naira depreciates at black market amid decline in oil prices
The naira depreciated marginally at the parallel market, as it closed at N486/$1.
As the “Ever Given” ship was stuck in The Nile, the Oil market was also stuck in denial
The Suez canal is not the Strait of Hormuz, where some 21 million barrels — or $1.2 billion worth of ...
Naira gains at NAFEX window despite low liquidity in forex market
The naira appreciated against the US Dollar at the Investors and Exporters window on Monday to close at N409.13/$1.
Suez Canal blockage may cause price increase in Nigeria
Growing concerns have been raised about the effect of the World’s largest maritime hold-up on the global economy, and Nigeria ...
Suez Canal ship “Ever Given” successfully re-floated
The massive ship that has blocked the Suez Canal for over a week has been partially cleared off the water ...
