Jaiz Bank Declares N979.17m Profit for Q1, 2021 Financial result of Jaiz Bank Plc for the first quarter ended 31 March 2021 was released to the Nigerian Stock Exchange, the result show that the Bank’s gross revenue increased by 43% over the same period last...

Naira May Weaken To 470 In 2021, Says Rewane         The naira will weaken in the parallel market and likely depreciate to 470 against the dollar in 2021, if oil prices stay at $50 per barrel, Nigerian economist, Mr Bismarck Rewane, has said. Rewane stated this in...

Nigeria To Witness Positive Economic Recovery In Q2, 2021 - LCCI       The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the economy in the second quarter of 2021. Its President, Mrs Toki Mabogunje, addressing reporters at the first...

Fed Govt Plans To Boost Domestic Gas Usage By Q1, 2021       The federal government has intensified efforts to ensure that Nigeria achieves self-sufficiency in the domestic production and utilisation of its gas resources by the first quarter of 2021. The government noted that currently, Nigeria’s production...

26 States Set For N878bn Deficit In 2021       Amidst a nationwide push against the recessionary economy, about 26 states of the nation are planning to spend about N878 billion in excess of what their revenue expectations can carry. This indicates that they also plan to...

Oil Prices: Afreximbank Predicts 10% Rise In 2021       Oil prices are expected to rise around 10 per cent over the next year, according to the Afreximbank African Commodity Index for the third quarter of 2020. The index, which measures commodity prices every quarter, said the oil...