IMF Projects 10.4% Contraction In Global Trade
The International Monetary Fund (IMF) has projected a 10.4 per cent contraction in global trade as well as a global economic growth rate of -4.4 per cent in 2020.
In the just-released biannual World Economic Outlook (WEO) report, the...
Nigeria’s Strength Lies In Export Of Services - NEPC Boss
The Managing Director and Chief Executive Officer, Nigeria Export Promotion Council, Segun Awolowo, says Nigeria has an advantage over other African countries in the export of services.
Awolowo said this at the Africa-China Trade Import and...
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...
