The uncertainty in the Foreign exchange market has further mounted pressure on the Naira, depreciating to N415 to a dollar at the parallel market on Tuesday,...
In view of the coronavirus pandemic altering socio-economic activities around the world and as part of the on-going efforts to mitigate the effect on businesses and...
Despite President Muhammadu Buhari’s directives restricting movement in Lagos, Ogun and Abuja to curb spread of the coronavirus, Banks and other financial services providers are exempted to...
Says Fund will assist LASG to fight spread of virus Lagos State Governor Mr. Babajide Sanwo-Olu, has commended the management of the United Bank for Africa...
Experts at Renaissance Capital (Rencap), have predicted the foreign reserve to fall below $30 billion if some measures are not taken. Although oil may only account...
Oil prices slumped on Monday morning in Asia as the Coronavirus pandemic continued to hurt demand while the price war between Saudi Arabia and Russia remained...
The Peoples Democratic Party (PDP), has called for further reduction in the pump price, describing the N125 per litre as ordinary cosmetics measures. In a statement...
Nigeria, which relies on oil shipments for about two-thirds of government revenue, has increased its production output, and is also offering its main export crudes at...
The Nigerian National Petroleum Corporation (NNPC) has cautioned against panic buying of fuel, declaring that it has enough petroleum products to serve Nigerians for over sixty...
The Central Bank of Nigeria (CBN), in a note issued to Bureau De Change operators (BDCs) in the country, has suspended the sales of foreign currency...