Naira weakens marginally against dollar
The Naira on Tuesday weakened marginally against the dollar at the parallel…
Nigeria may lose $561.2m to 50% PMS import rebate in 2018 – NPA
Hadiza Usman, Managing Director, Nigerian Ports Authority (NPA), says Nigeria might lose…
Nigerian banks lose N12.30bn to fraud in 4 years – NIBSS
The Nigerian Inter-Bank Settlement System (NIBSS), on Thursday said the banking industry…
N1.2trn cash backed for capital expenditure in 2016 — FRC report
The Fiscal Responsibility Commission (FRC), says out of the N1.58 trillion allocated…
Buhari appoints Shonubi as new CBN Deputy Governor
President Muhammadu Buhari has approved the nomination of Mr Folashodun Adebisi Shonubi…
Mayweather Highest Earner for Fourth Time In Forbes, No Female In Top 100
Forbes’ annual ranking of the 100 highest-paid athletes put world star boxer…
World Bank wants creation of crèches for nursing mothers in FADAMA project
Prof. Adetunji Oredipe, the World Bank Task Team Leader for the FADAMA…
Over N650bn remitted into Consolidated Revenue Fund by agencies in 2 years —FRC
Mr Victor Muruako, Acting Chairman, Fiscal Responsibility Commission (FRC), says more than…
CBN mandates BDCs to access foreign exchange window thrice weekly
The Central Bank of Nigeria (CBN) has made it mandatory for all…
FG makes N50.45bn from May bonds auction
The Federal Government has recorded N50.45 billion from its May bonds auction,…
CBN uplifts foreign exchange market with $210m to meet demands
Central Bank of Nigeria (CBN) has made available 210 million dollars to…
Nigeria, others to record 3.4% growth, says IMF
The International Monetary Fund (IMF), on Monday said Nigeria and other Sub-Saharan…
Africa needs to add value to products for rapid industrialisation- AfDB
Dr Akinwumi Adesina, President of the African Development Bank (AfDB) on Monday…
NIM chief urges banks to invest in agric to transform economy
Prof. Olukunle Iyanda, President, Nigerian Institute of Management (NIM) on Monday advised…
Nigeria’s GDP grows by 1.95 % in Q1, non-oil sector accounts for 90.3%
The oil sector’s contribution to Nigeria’s Gross Domestic Product, GDP remains below…
Nigeria’s inflation drops to12.48% in April – NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI),…
African country bans banks from processing payments for cryptocurrencies
Reserve Bank of Zimbabwe says it has stopped local banks from trading…
How states withdrew N593.1bn from federation account in Q1 2018
The 36 states of the federation have so far withdrawn about 593.1…
Nigeria Pays Whistleblowers N439m In One Week
The Minister of Finance, Mrs Kemi Adeosun, has disclosed that the Federal…
Banks are sabotaging our efforts on new notes – CBN
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging…
Nigeria records $24.1bn foreign investment in 2 years
Ms Yewande Sadiku, the Executive Secretary, Nigerian Investment Promotion Commission (NIPC), said…
19 million Nigerians now pay taxes – Osinbajo
The Vice President, Prof. Yemi Osinbajo on Wednesday declared open the 2018…
Africa needs $170bn annually to meet infrastructure requirement – AfDB
The African Development Bank (AfDB) says Africa needs about 170 billion dollars…
Currency Swap Deal: Nigeria, China To Exchange N.72 Trillion
China’s central bank said Thursday that it has inked a currency swap…
EU unveils trade activities with Nigeria
The trade volume between Nigeria and European Union (EU) reached 25.3 billion…
Oil approximately $75, market supported by Iran worries
Oil prices held steady on Tuesday as the dollar remained near a…
FAAC disbursed N270.81bn to FG in March – NBS
The Federation Account Allocation Committee (FAAC) disbursed the sum of N270.81 billion…
FG makes N90 bn from bonds in April auction
The Federal Government allotted N90 billion in its April auction, the Debt…
Digital transformation of Service Economy can drive growth across Middle East and Africa says World Bank
Investment into digital transformation in the major Cities of the Middle East…
Brent oil races toward $80 amid strong demand
Brent crude oil rose for a sixth day on Tuesday to hit…