Naira maintained its value against the US dollar at $1/N366 in the parallel market despite maintaining an average rate of $1/N360 since the beginning of February...
The Naira is currently at the mercy of two economic catastrophes: the ceaseless plunge in oil prices triggered by the untameable COVID-19, and the nation’s shrinking...
Massive profit-taking especially in blue chip equities led investors to dump large volumes of shares for sale today as the market shed N328 billion. A negative...
Finance Minister, CBN governor, FIRS boss, others hold emergency meeting There appears to be palpable apprehension in the Presidency as oil price continues to crash in...
The Chief of Staff to President Muhammadu Buhari, Mallam Abba Kyari, led a delegation of the Federal Government of Nigeria to hold a meeting with the...
The Nigerian economy ended 2019 in what appears to be another major setback, as trade balance posted N579 billion deficit in the fourth quarter of 2019,...
Nigeria may be heading for its second recession in nearly four years after crude oil prices crashed to $30 per barrel in the international market as...
Oil marketers, under the aegis of the Major Oil Marketers Association of Nigeria (MOMAN) in the country have advised the Federal Government to allow them have...
Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala has been appointed as a member of South Africa’s Presidential economic council as the country struggles with recession, a close...
Several commercial banks in Nigeria have adopted measures to protect customers from coronavirus infection or spread of the virus as they enter banking halls. A...