In spite of the optimism expressed by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele about the possibility of reduction in the Monetary...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has spent $15.9 billion in nine months in its weekly intervention in the foreign exchange (forex) market, Managing Director,...
The House of Representatives on Thursday passed the Petroleum Industry Governance bill through its third and final reading. The final report of the bill with the...
Early morning stock market data indicates investors are dumping Diamond Bank shares in droves. The share price is currently 9% down. The stock opened trading this...
The Federal Ministry of Finance and the Bank of Industry (BoI), have signed a memorandum of understanding (MoU) to recover an outstanding N17.5 billion loan being...
China says its bilateral trade with Nigeria in 2017 stood at 12.3 billion dollars. Deputy Chinese Ambassador to Nigeria, Mr Lin Jing said that the trade...
The Vice-Chairman, South-West, Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Mr Rotimi Benjamin has urged the Department of Petroleum Resources (DPR) to stop sealing...
The renewed drive to raise the productivity of all four national refineries is getting the best attention. This is coming from the latest hint dropped by...
As President Muhammadu Buhari prepares to make a presentation on corruption in Africa, report says the continent loses $148 billion a year to the scourge. The...
Transactions on the floor of the Nigerian Stock Exchange, NSE, on Wednesday, January 24 lingered in the south, thus pulling down market value. Consequently, the All-Share...