South Africa holds rate but bank’s model points to looming cut
The South African Reserve Bank has frozen its key interest rate for now, but a cut could be on the cards, with some policymakers
Oil extends losses, set for worst week in six months
Oil prices dropped on Thursday, extending falls from the previous session as trade tensions dampened the demand outlook, putting the
Wall Street slides on fears of likely U.S.-China tech cold war
Wall Street’s main indexes fell more than 1% on Thursday, as technology stocks were hammered by fears that the U.S.-China trade spat
IMF warns US-China trade war will ‘jeopardize’ 2019 global growth
The IMF warned Thursday that the escalating US-China trade war will “jeopardize” 2019 global growth, undermining confidence and
Telecoms sector attracts $70b investment
Total investments into the telecoms sector currently stand at $70billion, the Nigerian Communications Commission (NCC) said today in
Prices of selected food stuff increased in April — NBS
The National Bureau of Statistics (NBS) said the average price of some selected food items in the country increased in April. NBS said
FG allots N532.65 million to 515 subscribers in May savings bond
The federal government says it allotted N532.65 million to 515 subscribers through the sale of savings bond in May. The results of the
NBS: FG received N257.76bn from FAAC in April
The National Bureau of Statistics (NBS) on Thursday revealed that the federal government received N257.76 billion from Federation
Electricity generation falls to 2,616MW, six plants idle
The nation’s electricity generation plunged to 2,616.7 megawatts on Tuesday, a day after heavy rainfall in Lagos damaged some power
FG, states grow debt by N12.27tn in 42 months
Nigeria’s debt profile rose by N12.27tn between June 2015 and December 31, 2018, investigation has shown. Data obtained from the Debt