Central Bank of Nigeria (CBN), Governor Godwin Emefiele is of the opinion that Nigerians involved in the trade of cryptocurrencies are speculating. Speaking recently on the...

Lekki Concession Company Limited (LCC) will commence the increase of toll tariffs at the Admiralty Circle Toll Plaza on Lekki-Epe Expressway and the Lekki-Ikoyi Link Bridge...

A new modelling study published today warns that the dry-season irrigated rice in West Africa’s Sahel region has reached the critical threshold of 37 degrees Celsius...

The Nigerian Currency on Thursday, January 25, surged against the United States of America Dollar at the parallel segment of the Nigeria Foreign Exchange Market. At the...

The federal government has been advised to only channel borrowed funds to specific infrastructure projects rather than increasing its debt profile for recurrent expenditure, especially the...
Just as the rising oil price is moving close to $80 on US crude inventory drop, Nigerian petroleum industry observers have predicted that sooner than later,...

The Federal Government through the Debt Management Office DMO may be considering a $2.5 billion Eurobond in the first quarter of this year. Director-General of the...

Brent oil prices hit $71 per barrel on Thursday, January 25, for the first time since 2014 as the dollar continued to weaken and crude inventories...

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,...