Nigerian oil output rose last month following repairs to infrastructure that had been damaged by militant attacks. Nigeria pumped an average of…
Category:
Economy
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West Africa Container Terminal (WACT) and The APM Terminals Apapa Ltd are to provide weighing services to exporters. They have installed controls…
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A new Group Managing Director has been appointed for the Nigeria National Petroleum Corporation NNPC. He is Dr Maikanti Kacalla Baru. By…
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The Central Bank of Nigeria (CBN) has disclosed that the Nigeria economy is in recession as economic activities declined faster in June…
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Some federal government agencies now operate bank accounts in violation of the Treasury Single Account (TSA). The TSA is a bank account…
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Zenith, First Bank, Gtbank, Access Bank and Diamond are among the ten Nigerian banks that made the 2016 Top 1000 World Banks…
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The new foreign exchange policy yesterday received a $20 million foreign investment boost as the Central Bank of Nigeria, CBN, and Citibank…
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The Refinery and Fertilizer projects of Dangote Industries Limited is expected to create a minimum of both direct and indirect job of…
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The exit of Britain from the European Union (EU) has a number of immediate and remote implications for the Nigerian economy. First,…
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***Says fiscal discipline is a destination, Minister of Finance, Kemi Adeosun, yesterday said that states must publish their accounts at end of…
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The Central Bank of Nigeria (CBN) has formally flagged off the Naira Settlement Foreign Exchange Market on Monday, June 27, 2016 in…
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—Banks’ profits drop by N11.1bn —Shareholders extol management for surviving challenging times Nine banks quoted on the Nigerian Stock Exchange, NSE paid…
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Nigeria’s swift one-step move to a floating currency has been welcomed by investors but most nonetheless will stay away until economy shows…
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—-as CBN injects $150m Interest rates in the interbank money market rose sharply to N51 percent yesterday as banks scramble for naira…