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Wholesale prices in India jumped 10.49 percent year-on-year in April of 2021, the highest rate since May of 2010 and well above market forecasts of 9.05 percent. It compares with a 1.57 percent fall in April last year when the…

The Nigerian Exchange Group (NGX), formerly known as The Nigerian Stock Exchange (NSE) before a demutualization process, will be launching  #TheStockAfricaIsMadeOf Campaign next week. The event will on Tuesday 18th May, 2021…

A worrisome bout of inflation struck the United States economy in April, with consumer prices for goods and services surging 0.8 percent, the largest monthly jump in more than a decade, and the year-over-year increase reaching its fastest…

Brent crude futures dropped more than 1% to below $68 a barrel on Tuesday, after OPEC+ revised oil demand for the second quarter lower by 300,000 bpd. Still, the organization expects demand to rise by 5.95 million bpd this…

The International Monetary Fund (IMF) has approved a debt relief plan for Sudan. Following the IMF Executive Board’s approval on a financing package for the Northeastern African country, Ms. Kristalina Georgieva, Managing Director…

Nigeria's President Muhammadu Buhari has directed that a Ministerial delegation be sent to Ghana to resolve the lingering conflict between Nigerian traders and Ghanaian Authorities. This is contained in a statement signed by Mr…

The Nigerian Investment Promotion Commission (NIPC) says the investments made in Nigeria have increased by 75%, rising from $4.81 billion in Q1, 2020 to $8.41 billion in Q1, 2021. According to the NIPC’s first quarter report…

The Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria's President Muhammadu Buhari to probe into the reported 316 duplicated and mysterious projects worth N39.5bn in the 2021 Budget and prosecute those allegedly…

Latest report by the National Bureau of Statistics (NBS) reveals that Nigeria generated N496.39bn as Value Added Tax (VAT) in the first quarter of the year (Q1, 2021). This is against the N454.69bn generated in the fourth…

Israel will sign a free trade agreement with South Korea this week, marking the first such arrangement with an Asian market, Israel's economy ministry said on Sunday. The deal is meant to bolster bilateral trade by cutting out customs…