Analysts have forecasted a rate cut by the next Monetary Policy Committee meeting in November following positive macroeconomic conditions in the country. The value of the...
Nigerian Economic Recovery Fund (NERFUND) may suspend operations soon due to the large volume of non-performing loans in its books. Acting Managing Director of the agency Dr. Ezekiel...
The Central Bank of Nigeria has injected another $308.5 million into the foreign exchange retail segment market to further ensure liquidity and stability in the forex...
As Nigeria continues the execution of economic recovery plans, the current interest rate has raised a lot of eyebrows as Former President, Olusegun Obasanjo has said...
Nigeria’s electricity grid has recorded a total system collapse, the Transmission Company of Nigeria have announced. However, it swiftly stated that restoration of the grid was...
An economist and management consultant, Osilama Okuofu has described Nigeria’s fiscal policy as being dormant as against its statutory role of setting economic agenda for monetary...
The Central Bank of Nigeria, CBN, is set to sell N130.37 billion worth of treasury bills at an auction planned for October 4, 2017. The apex...
Transaction on the floor of the Nigerian Stock Exchange (NSE) saw a rebound on Wednesday as the All Share Index appreciated by 152.13 points to reclaim...
By Odunewu Segun The Nigerian Naira, on Wednesday, September 27, appreciated against the United States of America Dollar at the parallel segment of the Nigerian Foreign...
Nigeria is expected to pay about $11.62billion to service its debt in the next ten years, the Debt Management Office (DMO) has said. The payment, which...