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Chevron Annual Profit Hits Record but Q4 Miss Hits Shares
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    Chevron Annual Profit Hits Record but Q4 Miss Hits Shares
    Economy Watch

    Chevron Annual Profit Hits Record but Q4 Miss Hits Shares

    January 28, 202301412

    Mike Wirth, Chevron CEO Chevron Corp (CVX.N) on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings,

    Deadline: Senate Urges CBN to Extend Old Naira Notes till June 30
    Economy Watch

    Deadline: Senate Urges CBN to Extend Old Naira Notes till Ju...

    January 24, 20230904

    Apparently perturbed by situation around circulation of new naira notes across the country, the Senate on Tuesday urged the Central Bank of Nigeria (C

    NBS Reveals Inflation Dropped 21.34% in December 2022
    Economy Watch

    NBS Reveals Inflation Dropped 21.34% in December 2022

    January 16, 202301204

    Nigeria’s inflation decelerated to 21.34 per cent in December 2022, the first drop in more than nine months. This was revealed in the inflation report

    Emefiele Resumes Office with Tight Security
    Economy Watch

    Emefiele Resumes Office with Tight Security

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    Central Bank of Nigeria (CBN) Governor Godwin Emefiele resumed work in his office on Monday. However, officers of the Department of State Security Ser

    Non-Oil Export worth $68.5m in 2022- NCS
    Economy Watch

    Non-Oil Export worth $68.5m in 2022- NCS

    January 13, 202301154

    The Apapa Area 1 Command of the Nigeria Customs Service (NCS),  handled a total of 6.4 million metric tons of export cargo worth $68.5 million (N28.2

    Naira Redesign: CBN Appeals to Nigerians to Accept New Notes
    Economy Watch

    Naira Redesign: CBN Appeals to Nigerians to Accept New Notes

    January 12, 202302312

    The Central Bank of Nigeria (CBN) has appealed to Nigerians to accept the redesigned Naira notes which were unveiled in November last year by Presiden

    Payment for Petrol Subsidy Stops in June as FG Budgets N3.36trn for 6 Months
    Economy Watch

    Payment for Petrol Subsidy Stops in June as FG Budgets N3.36...

    January 4, 202301434

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    IMF Warns that One-Third of the World will Face Recession in 2023
    Economy Watch

    IMF Warns that One-Third of the World will Face Recession in...

    January 3, 202301209

    A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned. IMF Managing Director, Kri

    Cash Withdrawal: CBN Bows to Pressure, Increases Limit to N500,000 for Individuals
    Economy Watch

    Cash Withdrawal: CBN Bows to Pressure, Increases Limit to N5...

    December 21, 202201345

    Apparently bowing to pressure following backlash that greeted the recent cash withdrawal policy announced by the Central Bank of Nigeria (CBN), the ap

    Senate Approves Ahmad, Adamu as CBN Deputy Governors
    Economy Watch

    Senate Approves Ahmad, Adamu as CBN Deputy Governors

    December 14, 202201418

    The Senate has approved the nomination of a Deputy Governor of the Central Bank of Nigeria (CBN) on Financial System Stability, Mrs Aishat Ndanusa Ahm

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