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Markets

Hungary Exempt From Russian Oil Price Cap – FM

Hungary has been granted an exemption from the price cap on Russian oil set by the EU and the Group of Seven (G7) countries,...

Alaro City Wins Top Free Zone Award

Alaro City, the future forward mixed-use new city planned on 2,000 hectares in the Lekki Free Zone, won the award for the most investor-friendly...

CBN Sold CNY1.26 billion Under Naira Yuan Swap Deal in H1

The Central Bank of Nigeria (CBN) sold a total of Chinese Yuan CNY1.26 billion in the First Half (H1) of 2022, under its Naira...

US Unveils $700 million New B-21 Bomber, First Since Cold War

For the first time in more than 30 years, the US Air Force unveiled a new strategic stealth B-21 bomber on Friday. With an estimated...

EU Oil Price Cap May Result in ‘Violent’ Spikes – Economist

As the European Union’s sanctions on Russian oil are about to kick in next week, the measure could result in price shocks on the...

China Scoops up Cheap Russian Oil – Bloomberg

China’s oil refiners have started to snap up Russian crude shipments amid sharply lower prices and the looming EU price-cap measure, Bloomberg reported on...

Central Bank of Nigeria MPR Hike And Implication For Real Sector

By DATAPRO On Tuesday, the 22nd of November 2022, the Central Bank of Nigeria through its Monetary Policy Committee for the umpteenth time raised the Monetary Policy...

CBN Dollar Sales Jump 58% to $9.22bn in First Half, 2022

Central Bank of Nigeria (CBN), dollar sales into the inter-bank foreign exchange (FX) market surged by 58%, in the first half (H1) of 2022,...

Musk Releases THE TWITTER FILES: How Democrat Leaning Twitter Employees Covered Up Hunter Notebook Story

In a greatly anticipated Friday night drop of THE TWITTER FILES which was expected to be a cache of information involving the censoring of...

Buhari Fires Aliyu Abdulhameed, NIRSAL MD Over N5.6bn Wheat Project Saga

Aliyu Abdulhameed, Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has been removed from office . Reports say the removal...

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