Economy

The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold...

Zenith International Bank Plc has declared a profit after tax of N129.65 billion and a final dividend of N1.77 per...

Acting President, Prof. Yemi Osinbajo (second left); Minister of Power, Works & Housing, Mr Babatunde Fashola (third left); Minister of...

The Federal Ministry of Agriculture and Rural development says it will liaise with the National Agency for Food and Drug...

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said it planned to rehabilitate, revamp and upgrade all the refineries so...

Sequel to its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central...

To ease the burden of travellers, the Central Bank of Nigeria (CBN) has directed all banks to open Foreign Exchange...

The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting...

The failure of Warren Buffett’s favoured candidate to capture the White House has not dimmed the billionaire’s appetite for stocks....

The Central Bank of Nigeria (CBN) says the sale of foreign exchange (FX) under the new policy is transparent and...

The Central Bank of Nigeria (CBN) has promised to maintain price stability and external reserves to safeguard the international price...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained lending rate at 14 per cent,...

The Federal Government says it will inaugurate its newly designed Economic Recovery Growth Plan in February to accelerate the pulling...

The Central Bank of Nigeria (CBN) started auctioning $250 million to 3147 registered Bureau De Change (BDCs) nationwide on Wednesday....

The Group General Manager, Group Public Affairs Division, the Nigerian National Petroleum Corporation (NNPC), Mr Ndu Ughamadu, says the corporation...

The National Bureau of Statistics (NBS) says Consumer Price Index (CPI) increased by 18.55 per cent (year-in-year) in December, 2016...

The Naira on Friday depreciated further at the parallel market as dollar scarcity worsened. The Naira may be seeing its...

First Bank of Nigeria Limited have increased transfer transaction limits on its FirstMobile Lifestyle app from N500,000 to a maximum...

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Friday shut down the lubricant section of French oil...

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said that importation of rice and wheat gulped over...