FG oil revenue down by 36% in May- CBN
The Federal Government of Nigeria witnessed a substantial reduction in its oil revenue target for May 2023, as it dropped...
Apple shares decline due to lower projected December quarter revenue.
Apple released its fiscal fourth-quarter earnings, surpassing expectations for both earnings per share (EPS) and revenue. However, the report revealed...
Shell Reports $6.2 Billion Profit for Q3, 2023
British oil giant Shell announced a profit of $6.2 billion for the third quarter, aligning closely with analysts' estimates, as...
JP Morgan Predicts Naira at N850/$ by Year-End
In a recent projection, JP Morgan has forecasted that the Nigerian naira may trade at N850 per US dollar at...
Stock futures fall to kick off November as Fed decision looms
Stock futures in the United States exhibited a slight dip on Wednesday, as Wall Street braced for the latest policy...
Naira Faces Fresh Challenges as It Surpasses N1,160 Against Dollar
The Nigerian naira has once again crossed a significant threshold in the black market, settling at N1,160 against the US...
Nigerian Stocks Soar 4.3% in Positive October
The Nigerian Exchange Limited (NGX) closed out the month of October on a positive note, reflecting a surge in investor...
FG Aims to Bring Down Dollar Rate to N750 by December, 2023.
In a recent interview with Bloomberg News, Taiwo Oyedele, the Chair of the Presidential Committee on Fiscal Policy and Tax...
Naira Depreciation Forces Imports Down By 65% in Q3, 2023
The Nigerian currency, the naira, has been on a steady decline against the US dollar, and this depreciation has had...
GDP in Euro Area Declines by 0.1%, While EU Records a Modest 0.1% Increase
The economic performance in the euro area and the European Union (EU) during the third quarter of 2023 has yielded...
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