The Federal Executive Council on Wednesday approved the Medium Term Expenditure Framework and Fiscal Strategy Paper for 2017 to 2019, thus kick-starting the preparation of the...
The US dollar rose against the Japanese yen on bets the Federal Reserve will increase interest rates later in the year. The dollar gained against the...
Nigerian banks barred from the interbank foreign-exchange market may be fined and face the loss of customers and trading income, analysts at Lagos-based CSL Stockbrokers Ltd....
The 11 electricity distributions companies (Discos) in Nigeria’s power sector on Wednesday alleged that the inability of the Transmission Company of Nigeria (TCN) to wheel maximum...
Social Action, an economic and social rights group, has asked the federal government to not to sign the Economic Partnership Agreement, EPA, with the European Union,...
The Central Bank of Nigeria (CBN) yesterday said the Federal Government has slashed its budget by 50 per cent, lamenting that the development has seriously affected...
Ex-minister ‘acquired properties in associates’ names’ Former Petroleum Resources Minister Diezani Alison-Madueke is likely to lose some United States properties traced to her. The Economic and...
(CNN) – A strong, shallow earthquake hit central Italy early Wednesday, leaving terrified residents huddled outside collapsed buildings overnight and an unknown number of people trapped...
A gauge of the dollar rose for a fourth day as traders awaited Federal Reserve Chair Janet Yellen’s speech this week for clues on the path...
Visa Incorporated has announced plan to launch a mobile payments solution, mVisa in Nigeria. The company said that it was in advanced discussions with leading Nigerian...