Crude Oil price rallied up after Saudi Arabia and Russia the world’s top oil producers stoked expectations that production cuts might be extended for additional nine months until March 2018 to rein in global crude oil glut.

The Chinese Government has communicated the pressing requirement for African Governments to be autonomous of their progress, saying Nigeria, as the significant African power, is relied upon to lead a self-maintaining economy.

Mrs. Kemi Adeosun - Finance Minister

The National Bureau of Statistics (NBS) has released a report on Nigeria's economy in the second quarter, including the GDP, Inflation, Employment, and Unemployment, Capital Importation and other key essentials.

An Educator and Professor of Financial Economics at the University of Uyo, Awka Ibom State, Leo Ukpong, has expressed concern that the Naira will deteriorate if Nigeria's External Reserves are drained.