Over 1.5 million UK SMEs have stopped trading internationally this year which could cost the UK £20 billion, due to the impacts of COVID-19 and uncertainty...
November 2020 Economic Insight By NOVA Reasearch Analysts Dollar Rationing to Persist on Meagre Inflows and Rising Outflows The CBN intervention across segments of the FX...
Market Update for November 10 By Investdata Analysts Tuesday’s trading on the Nigerian Stock Exchange (NSE) remained very volatile and mixed to continue its bull rampage...
The total revenue generated by two of the major oil marketing companies in the country from the sale of aviation fuel plunged by 58.2 per cent...
U.S. crude oil production is expected to fall by 860,000 barrels per day (bpd) in 2020 to 11.39 million bpd, the U.S. Energy Information Administration (EIA)...
The dollar fell on Wednesday as optimism about a potential coronavirus vaccine was offset by worries about how the drug will be delivered and by a...
The Nigerian equity market on Monday closed on a positive note with a gain of N641 billion to sustain a positive trend. The market breadth closed...
The economic cost of the #EndSARS protest disruption is estimated at N1.5 trillion, approximately 1.03 per cent of the GDP and 11.47 per cent of the 2021 budget,...
Says 4IR offers greater revenue-earning potential _________________________ Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission (NCC), has underscored the centrality of economic diversification...
Despite sustaining weekly positive sentiments, the bullish momentum in the local bourse lost steam as investors took a breather to digest corporate earnings released thus far....
Market Update for November 4 By Analysts at Investdata Midweek’s transactions on the Nigerian Stock Exchange was mixed and volatile, extending the gaining momentum for the...
Nigerian equities on Wednesday rose marginally by 0.03 per cent amid sustained bargain hunting activity. The All-Share Index (ASI) increased by 8.41 absolute points, representing a...
Germany’s Lufthansa on Thursday posted a two billion euro loss in its third quarter as it prepares for a “hard and challenging winter” over lockdowns to...
Hadi Sirika, Nigeria’s minister of aviation, has cautioned members of the Airlines Operators of Nigeria (AON) against accusing his ministry and aviation regulatory agencies for the...
Nigeria’s total Value Added Tax (VAT) generated so far in 2020 has hit N1.08 trillion within nine months, the Nigerian Bureau of Statistic (NBS) has revealed....
The board of Ikeja Hotels Plc, owners of the Sheraton Lagos Hotel says it has dragged the state government to court over the purported revocation of...
By Investdata Analysts At the end of Tuesday trading on the Nigerian Stock Exchange (NSE), the benchmark All-Share index closed higher, reversing the previous session’s loss...
The Central Bank of Nigeria (CBN) has said the firms that participated in its latest business expectations survey expect borrowing and inflation rates in the country...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will hit N38 trillion by December 2021. Ahmed said this...
The Nigerian local bourse rebounded on Tuesday, following significant interest in DANGCEM that led to 5.6 per cent, alongside CAP Plc and 23 other gaining stocks...