The Federal Government of Nigeria on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession.
Nigeria’s credit rating agency, Agusto& Co, has tasked the federal government to uphold its core function in the Nigerian economy reforms by continuous generation of revenue...
The Minister of Mines and Steel Development, Dr Kayode Fayemi, has offered prospective investors in the Nigerian mining sector three years tax holidays, as part of...
The federal government of Nigeria has concluded all plans to raise a total of N952.04 billion ($3.02 billion) through issuance of new Treasury Bills (TB) between...
To reduce and illegal banking transaction in Nigerian banking system, Central Bank of Nigeria (CBN) in 2015 directed all account holders home and abroad to enroll...
The renewed decline in oil production and a sliding Purchasing Managers Index suggests that the Nigerian economy has not yet reached a trough, even after a...
The Central Bank of Nigeria (CBN) has blamed the elite who preferred imported materials to local ones for the foreign exchange (forex) crisis, which has contributed...
First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Olusegun Alebiosu as its new Chief...
Foreign exchange traders have anticipated more Naira gains, as buying and selling at the foreign exchange market showed local currency gaining some points against the Unites...
Nigeria’s external reserves fell to $25.41billion as at August 31, 2016, compared to $26.44 billion it stood at on June 20this year, shedding a total sum...
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