Monday, April 22, 2024

Economy

April 18, 2024

NBS says diesel cost N1,341.16 per litre in March

NBS says the average retail price of a litre of diesel increased from N840.81 in March 2023 to N1341.16 in March 2024.

DIESEL PUMP PRICE
April 18, 2024

Petrol price was N696.79 per litre in March, NBS says

NBS says the average retail price of a litre of petrol increased from N246.29 in March 2023 to N696.79 in March 2024.

Fuel pump (Credit: Ahmed Oluwasanjo)
April 18, 2024

Group tasks World Bank, IMF on reforms for climate justice

Pascale Hunt, senior global communications specialist of 350.org, said in a statement on Thursday.

International Monetary Fund (IMF)
April 18, 2024

India eases exports of onions to Sri Lanka, UAE

Currently, onions are sold between 35 and 40 Indian Rupees (41 and 47 U.S. cents) per kilogramme in retail markets across India.

Bag of onions 
April 18, 2024

Russia-Ukraine War: Germany’s exports to Iran rise despite sanctions

The Federal Statistical Office reported Thursday that exports grew by 22 per cent from January to February to €241 million ($257 million).

carpets
April 18, 2024

CBN reduces bank’s LDR to 50% to improve real sector lending

The Central Bank of Nigeria (CBN) has reduced the loan-to-deposit ratio (LDR) of deposit money banks from 65 per cent to 50 per cent.

OLAYEMI CARDOSO; CBN
April 18, 2024

German vice-chancellor in Kyiv for talks on Ukraine’s war-hit economy

The trip came as Germany prepared to put on the next Ukraine Recovery Conference in Berlin on June 11 and 12.

Kyiv (Credit: Reuter)
April 18, 2024

ECOWAS mulls certified electronic signature in West Africa

The aim is to define a roadmap towards a common and concerted approach to the digital economy and society, including e-commerce and e-government.

TINUBU WITH ECOWAS LEADERS
April 18, 2024

Nigeria will become major global economy under Tinubu: Shettima

The VP assured that the Tinubu administration would harness the resources of its youths.

President Bola Tinubu
April 18, 2024

Nigeria, four others account for 90% of Africa’s billionaires: Report

The total investable wealth currently held in African amounts to $2.5 trillion

Dangote, Adenuga, Rabiu, Otedola