The Fitch international rating agency has compiled a list of EU countries that will be most affected by Britain’s exit from the European Union.
Exports of Russian oil to China have jumped almost 42 percent to over 22 million tons from January to May; TASS reported citing statistics from China’s General Administration of Customs (GAC).
The market indices of the Nigerian Stock Exchange (NSE) on Tuesday, slumped further amid persistent pressures by some investors to sell their stocks.
The factional National Chairman of the Peoples Democratic Party, Ali Modu Sheriff, has said he is ready to vacate office.
Lagos is an emerging megacity which is home to all calibre of people from different ethnic group with varying socio-economic status.
Talks between the Ondo State government and the labour leaders in the state ended in a deadlock on Tuesday, as both parties were not able to come to terms on ending the worker’s industrial action.
The Presidency on Tuesday said it would ensure that the process of privatisation of public enterprises was undertaken diligently.
The Federal Government has explained that as part of a robust monitoring and evaluation framework developed by the ministry for effective monitoring of the 2016 budget implementation, there will no longer be automatic release of capital votes in the annual budget.
Given the depreciation of the naira exchange rate and the liberalisation of the forex market, credit growth is likely to remain subdued this year, a report has stated.
Brexit has changed everything.
Britain’s Conservative Party is about to elect a new leader to replace David Cameron as prime minister.
The Presidency has left the Defence Headquarters (DHQ) to determine Chief of Army Staff Lt.-Gen. Tukur Buratai’s fate, following the outcry over his $1.5 million Dubai property.
Following recent depreciation of the naira exchange rate that came with the new forex policy, Nigerian banks are likely going to face challenges servicing their US dollar obligations, a report has stated.
The naira-settled foreign exchange futures market on the FMDQ Over-the-Counter Securities Exchange will boost liquidity, transparency, price formation and diversification in the foreign exchange market, making the market globally competitive, the Deputy Governor, Economic Policy, Central Bank of Nigeria and Chairman, FMDQ, Dr. Sarah Alade, has said.
Scots, famously, tend to root for any sports team that plays against England. The roar of jubilation at Edinburgh’s Three Sisters bar Monday night as tiny Iceland knocked Scotland’s ancient rival out of the European soccer championships had an extra edge.
This business year will likely be the most challenging year for consumer companies in 15 years as economic depression, fiscal and monetary imbalance combined to constrain the operating environment.