Economy

Equity transactions on the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a bearish trend as the market capitalisation…

MARITIME Workers Union of Nigeria, MWUN, yesterday, said  no fewer than 20 shipping companies, had shut operations in Nigeria due to unfavourable government’…

A new Managing Director (MD) has been appointed for the National Economic Reconstruction Fund (NERFUND). He is Dr. Ezekiel Oseni. The Permanent…

A heated blame game is trailing the suspension of nine banks from the foreign exchange market as a result of non remittance…

The President of Manufacturers Association of Nigeria (MAN), Mr Frank Jacob, says in spite of the current economic recession in Nigeria, the…

Director, Institute for Agricultural Research (IAR), Zaria, Prof. Ibrahim Umar-Abubakar,  said Nigeria’s wheat import bill stood at $6 billion annually. Umar-Abubakar said…

The Nigeria Deposit Insurance Corporation (NDIC) has recommitted to the realization of the Financial System Strategy (FSS 2020), the initiative aimed at…

Some major blue chips on the Nigerian Stock Exchange (NSE) on Tuesday recorded price depreciation as a result of profit taking by…

Manufacturers in the country have decried the high interest rate and poor access to foreign exchange, which according to them has hindered…

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday blamed the continued fall in the value of the naira…

President Muhammadu Buhari says African countries survive the current economic and financial challenges with home-grown innovations. The president said this while declaring…

Chief Executive of SunTrust Bank, Muhammed Jubrin, has assured operators in the small and medium scale enterprises sector that his bank will…

Nigeria is looking for investments of $7 billion in mining and steel over the next decade as it seeks to develop gold…

The Bankers committee yesterday rose from its meeting with a resolution to raise the weekly amount of foreign exchange sold to Bureaux…