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...
A report by Renaissance Capital (Rencap) has singled out Nigeria and Angola, two of Africa’s largest oil producers as two possible economies that may face recession...
Despite mobilizing several billions of Naira to attempt to supposedly cushion the effects of the present lockdown occasioned by the spread of Covid-19 the same CBN...
Nigeria was pushed deeper into ‘junk’ territory to B-, Mexico was lowered to BBB, leaving it just two cuts from junk, Colombia is now just one...
Africa’s richest man and the President/Chief Executive, Dangote Industries Limited, Aliko Dangote has dropped down the Forbes rich list after his total net worth dropped by...
The Central Bank Nigeria (CBN), says it’s collaborating with the Nigerian Financial Intelligence Unit (NFIU) to uncover speculation and would charge such dealers for economic sabotage....
Startup founders and managers have raised concerns about the devastating negative effects of the virus on their businesses with the loss of customers, dwindling revenue and...
United Bank for Africa Plc (UBA) has announced a donation of over N5 billion (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response...
Federal Government has cuts its revenue targets for the 2020 budget by 50 per cent, as well as the review downwards of the $57 per barrel...