Economics
Oil Price Increase Marginally, As OPEC+ Failed To Increase Output In October
On Tuesday the 2nd of November 2021, oil prices rose as the Organization of the Petroleum Exporting Countries (OPEC) failed...
Read morePrivate Sector, The Subject of Nigeria’s Economic Submit
Speakers of the Nigerian Economic Summit (NES 27) stated that federal agencies must focus on the principal sectors of the...
Read moreBanks Now Depend On CBN for Short Term Liquidity
As the shortage of funds continues to plague the interbank money market, Banks now depend on the Central Bank of...
Read moreGold Futures Increased By 0.13% To $1,786.15
The price of Gold Increased on Monday 1st November 2021. However, as the dollar strengthens and inflation rate pushes higher,...
Read moreOil Price Drops As New Month Begins With Tight Global Supply
Crude oil price has dropped as the new month begins with tight global supply. The scheduled November 4 meeting consisting...
Read moreCommercial Banks Deposit Wont Be Affected By E-Naira – Economist
The Central Bank of Nigeria’s newly-launched e-Naira will not affect deposits of commercial banks, says a financial expert and chief consultant,...
Read moreReason Behind Doubt of OECD Tax Plan By African Nations
The global minimum tax is supposed to bring tax justice. But not even half of Africa's countries are on board....
Read moreNaira Predicted To Fall Even Lower
The Nigerian Naira is set to experience its biggest drop in eight months as the Central Bank of Nigeria accepts...
Read moreOil Rose Above $84, Despite Increase In Supply From the USA & Iran
The price of oil rose above $84 per barrel on Friday 29th October 2021, as presumptions that OPEC and its...
Read moreChevron Declares Highest Profit In 8 Years
Chevron on Friday 29th October 2021 declared its highest quarterly profit in the past 8 years. The energy giants have...
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