The Central Bank Governor, Godwin Emefiele, has said that Nigeria’s monthly food import bill fell from $665.4m in January 2015 to $160.4m as of October...
The Naira on Monday sustained its free fall at the parallel market, defying attempts by the CBN to awash the market with liquidity. It was sold...
Sterling gave up all its early gains and dived to its lowest level since the end of October as growing concerns about British parliamentary approval for...
Oil marketers have given the federal government a seven-day ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country....
Nigeria’s local currency, the Naira dropped to a 15-month low on Friday at the parallel market, exchanging for as high as N371 to a Dollar. ...
The Economic and Financial Crimes Commission (EFCC) has secured a court order for final forfeiture of N1.7 billion traced to Heritage Bank with no known...
Governor of Central Bank of Nigeria, Godwin Emefiele, says the ban on 41 items from official foreign exchange market would be intensified because it has led...
The World Bank has indicated in its ‘Economic Update’ issued in Abuja, that Nigeria’s Gross Domestic Product (GDP) growth is expected to hover slightly below two...
Despite the Nigerian Communications Commission (NCC) approved transfer of 9mobile to a new investor, Teleology Holdings Limited, the Investment Holding Company is yet to get an...
Societe Generale Bank group has confirmed growth plans for its African operations, in line with its ‘Transform to Grow’ strategic plan with Nigeria conspicuously missing among...