The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a dollar.
Mr Kevin Amugo, Director, Financial Policy and Regulation, CBN, said Nigerian banks recovered about N50.32 million bad loans from debtors within nine days the country commenced...
GSM operator, 9mobile, on Tuesday said it would create 90 millionaires among its customers during its N100 million Mega Promo to reward their loyalty during this...
The Coordinator of Presidential Task Force on COVID-19, Dr Sani Aliyu, says the Aug. 29, resumption of international flights, as announced at the PTF COVID-19 briefing,...
The National Bureau of Statistics (NBS), says Nigeria’s inflation rate has increased by 12.82 per cent (year-on-year) in July 2020.
Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September outweighed concerns over a slowdown in...
The Minister of Finance, Mrs Zainab Ahmed, says unless Nigeria achieves a very strong third quarter 2020 economic performance, the country can slide into recession.
Oil prices held steady on Thursday after the International Energy Agency lowered its 2020 oil demand forecast, following unprecedented travel restrictions and data showing a decline...
Airtel Africa says it has partnered with the Standard Chartered Bank to drive financial inclusion across key markets in Africa by providing customers with increased access...
The dollar inched ahead on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen, while the kiwi briefly hit a one-month...