Naira Devalues At N500 to $I at the Black Market
The naira has continued to depreciate for the past month, after the Central Bank recent adjustment of its official rate in order to contain the impact of an oil….
Category: Business
Global e-Commerce Rises to $25.6trillion
E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released on Friday by the UN’s trade and development body, UNCTAD,….
Volkswagen Re-opens Production In Germany
After about Five weeks of shutdown due to the coronavirus crisis, Germany’s largest car manufacturer Volkswagen has restarted production in two of its plants. Volkswagen’s vehicle plant in Zwickau,….
Developing World Economies Hit Hard By Coronavirus
With the world is experiencing a sharp deterioration in economic performance, due to the continuing coronavirus pandemic, the International Monetary Fund. IMF, has warned that developing countries will….