Nigeria’s external reserves have continued to drop in recent weeks and slipped below $45 billion. According to data obtained from the Central Bank of Nigeria (CBN),...
By Okoh Aihe Mostly, in this part of the world, we borrow words to dress up epitaphs as befitting honorifics for the departed. Perhaps, like the...
The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into Nigerian Inter-Bank Foreign Exchange market following conclusion of Tuesday’s transactions. The...
The National Bureau of Statistics (NBS), has announced that 5.61 billion litres of Premium Motor Spirit (PMS), popularly known as petrol were imported into the country...
Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by...
Implementation of the 2019 budget may face serious obstacles following the drop in oil price below the $60 a barrel benchmark on Tuesday as trade tension...
China has out rightly rejected a U.S. decision to label it a currency manipulator, its central bank said on Tuesday. Recall that the US Treasury had...
The Central Bank of Nigeria (CBN) on Monday directed all financial institutions under its supervision to evaluate customers ‘credit history before issuing a loan. The order,...
Nigerian Communications Commission (NCC) has described the internet as a powerful tool for citizen engagement for any nation towards achieving greater socio-political and economic prosperity in...
Electricity generation in the country fell below 2,500 megawatts over the weekend amid low load demand by the distribution companies. Total output from the nation’s 27...