Economy Naira scarcity Persist, traders ration cash as POS operators blame Banks for double standard biztv24January 2, 2024 January 2, 2024 NIGERIA, Jan. 2 – Nigeria’s current cash scarcity is biting hard on people in the remote parts of the country. Some rural farm... 03400
EconomyTrending Biz News China’s Central Bank Tries to Ease Pressure on Currency — WSJ biztv24September 1, 2023 September 1, 2023 CHINA, Sept. 1 – China’s central bank has cut the amount of foreign currency banks need to hold in reserve. The move is... 03400
Economy Nigeria’s Inflation Rate Increased by 0.9% in November to 28.2% – NBS biztv24December 18, 2023 December 18, 2023 NIGERIA, Dec. 18 – The annual inflation rate of Nigeria has risen for the 11th consecutive months in a row, taking the value f... 03400
EconomyTrending Biz News Dollar sustains gains for 8th straight week; U.S. stocks grows biztv24September 9, 2023 September 9, 2023 – Longer-dated Treasury yields ease; – Apple shares up slightly after 2 days of losses; – Oil prices gain UNITED S... 03400
EconomyTrending Biz News Russian Agricultural Bank could have access to SWIFT system within 30 days, UN tells Moscow biztv24September 8, 2023 September 8, 2023 A Russian Agricultural Bank subsidiary in Luxembourg could immediately apply to SWIFT to “effectively enable access” for... 03400
EconomyTrending Biz News Revenue: Consumers, companies’ taxes jump 96% to N2.3tn – NBS Report biztv24September 4, 2023 September 4, 2023 NIGERIA, Sept. 4 – Government revenue got a boost as taxes from companies and consumers rose by 96.11 per cent to N2.31tn in t... 03400
EconomyTrending Biz News Wheat Price Floats Close to 3-Year Low biztv24September 11, 2023 September 11, 2023 WORLD, Sept. 11 – Wheat futures were below $6 per bushel, holding close to the near-three-year-low of $5.7 touched on Septembe... 03400
EconomyTrending Biz News Banks’ bad loans for H1 hit N478bn amid economic falloff biztv24September 11, 2023 September 11, 2023 NIGERIA, Sept. 11 – At least four banks recorded N478bn non-performing loans during the first half (H1) of 2023, according to... 03400
Economy Nigeria’s naira drops to a record 980 to dollar on black market – abokiFx biztv24September 20, 2023 October 2, 2023 NIGERIA, Sept. 20 – Nigeria’s naira fell to a record low on the black market on Wednesday, driven mostly by speculative... 03300
EconomyMarketTech Lithium: Supply may tighten in the coming years, which may cause prices to increase biztv24September 20, 2023 WORLD, Sept. 20 – Investors should not be deterred by the present price declines in battery-grade lithium, with expectations f... 03300