Economy

Nigeria Recession bits hard: Eko Atlantic City project stalled…

With inert cranes, deserted construction sites and empty buildings, Lagos is suffering a hangover from a construction binge as Nigeria wrestles to overcome a recession. Look no further than Eko…

 
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Global Commodity Market: Stocks, oil, gold start 2017 on firm footing.

Global markets marched confidently into 2017 on Tuesday, with Asian stocks extending gains after European shares surged to their highest in a year and the dollar resuming its climb after…

 
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Oil prices rise as OPEC & non-OPEC production cuts agreement come into effect.

Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will…

 
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Eroding Value of Nigerian Naira- ranked among four worst global currencies in 2016

The naira is one of the world’s four worst performing currencies in 2016, according to a report by Bloomberg LP. The naira was said to have lost 36.68 per cent…

 
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