The naira took further beating on Thursday at the parallel market, trading near its 2015 low of 280 against the United States dollar. The dollar was...
The Managing Director, International Monetary Fund, Ms Christine Lagarde, on Thursday concluded her four-day visit to Nigeria with a statement that poverty, inequality and unemployment remained...
China’s foreign reserves shrank last year for the first time since 1992, ending a 22-year ascent that began under former top leader Deng Xiaoping and accelerated...
Global markets shuddered as turmoil emanating from China spread around the world and billionaire George Soros warned of a crisis. Chinese shares fell 7 percent within...
The Seme Area Command of the Nigeria Customs Service said it generated N1.42bn for December, 2015, exceeding its monthly revenue target with N398.42m, amounting to 40...
Global markets are facing a crisis and investors need to be very cautious, billionaire George Soros told an economic forum in Sri Lanka on Thursday. China...
US economy added more jobs in December than any other month in 2015, with the service sector creating 234,000 jobs and goods-producing employment contributing 23,000 jobs. The...
India’s rupee dropped to a three-week low as demand for riskier assets ebbed after China weakened the yuan’s fixing to a 2011 low and North Korea...
The yuan sank to a five-year low after China’s central bank set the currency’s reference rate at an unexpectedly weak level, a sign that policy makers...
The Minister of Environment Hajiya Amina Mohammed has projected that the country can generate $7, 5 billion (about N15 trillion) from of grid solar energy. This...