Currency Swap: CBN Sells 1.45bn Yuan In Two Years         The Central Bank of Nigeria has said it sold 1.45 billion yuan since the inception of the currency swap deal with China and the end of 2019. The CBN disclosed this in its 2019 Activity Report released...

A Few Thoughts on National Unity and Identity By Keem Belo-Osagie       There are many who refer to the amalgamation documents as if they tell us something about the unnatural nature of present day Nigeria. For me, the amalgamation document is simply a document of some historical...

Nigeria, Bangladesh Trade Rise To $144.75m       The Minister of industry, Trade and Investment, Otunba Adeniyi Adebayo has expressed delight that the two way trade between the People’s Republic of Bangladesh and Nigeria, is growing on a daily basis more so that it increased from $11.27...

Oil Price Rises By 2% After Falling To $36       The international oil benchmark, Brent crude, gained nearly two per cent on Monday, shaking off earlier losses, as the United States heads into a contentious presidential election. Brent, against which Nigeria’s oil is priced, had fallen more...

In Three Months, Nigeria Imported N2.78trn Manufactured Goods – NBS       Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures obtained from the National Bureau of Statistics on foreign trade statistics for the second quarter, this...

Global Tourism Down 70% In Eight Months         The latest data from the World Tourism Organisation shows 70 per cent fall in international arrivals in the first eight months of the year. International arrivals for July plunged 81 per cent and 79 per cent in August according...