Economics
Dollar Priced 30bps in the U.S Money Market as Feds Prepare to Hike Interest Rate
The dollar gained in the early hours of Friday morning and is currently on track to have largest surge in...
Read moreProf. Isa Pantami Unveils Nigerian Postal Service Debit Card
The Federal Government of Nigeria has launched a special debit card for the Nigerian Postal Service, which will serve as...
Read moreCBN Governor – Nigeria has Incurred No Dollar Expenditure on Cement Importation
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has disclosed that the Nigerian government has incurred no dollar...
Read moreOil Reaches Seven Year High, Trades at $90 a Barrel
Oil prices traded at $90 a barrel on Thursday 27 January 2022, the black gold’s prices reached seven year high...
Read moreNigerians Urged to Save in Foreign Currencies as Naira Continues to Depreciate
Laoye Jaiyeola, Chief Executive Officer, Nigeria Economic Summit Group (NESG), has stated that the depreciation of Naira has become concerning,...
Read moreIMF Warns Nigeria of Tempestuous Financial Market in 2022
The International Monetary Fund (IMF) has warned the Nigerian government as well as developing economies with immense foreign debt and...
Read moreTesla Had $1.26 Billion Before The Crash.
At the end of December, the value of Tesla’s Bitcoin holdings stood at $1.26 billion, according to the e-car manufacturer’s...
Read more$2.9 Billion Worth of Bitcoin liquidated Following Bitcoin’s Spike to $39,000
Almost $3 billion worth of Bitcoins had been removed by traders from various centralized exchanges as the first cryptocurrency's price spiked up...
Read moreLanding Cost of Petrol hits N282/litre as Oil Prices Rises to $90 Per Barrel
The surge in crude oil prices across the globe has led to the rise in landing cost of petrol imported...
Read moreOil Prices Rise to $89 per barrel as Geographical and Supply Pressure Heightens
On Wednesday 26 January 2022, Oil prices rose to almost $90 per barrel as supply and geographical pressure ravages Europe...
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