The ringgit continue its weakness against the US dollar as plunging crude prices and a money scandal involving Prime Minister Najib Razak damp the economic outlook...
Nigeria has opened talks with China for the financing and construction of two new communication satellites at a cost of $701m. The new satellites, to be...
The debt owed the 11 power distribution companies by the three tiers of government has risen to N45bn, according to the latest data compiled by the...
Apple on Wednesday agreed to pay Italy €318m fine to settle a long-running investigation into the US technology company’s tax arrangements in the country. According to...
Naira Strengthens Against US Dollar at Parallel Market The Nigerian Naira strengthened against the US dollar as speculators are skeptical of CBN possible policies in 2016....
The Organisation of Petroleum Exporting Countries has highlighted the need for more refining facilities in Nigeria and other African countries to meet their growing demand for...
Nigeria’s external reserves has so far depreciated by 15 per cent this year at its current value of $29.342 billion, compared with the $34.493 billion it...
The country is targeting an annual income of over $700m (N138bn) from the export of cashew nuts by the year 2020. The National President, National Cashew...
Filling stations belonging to the Nigerian National Petroleum Corporation will from January 1, 2016 sell petrol for N86 per litre, while other stations belonging to different...
Economists and finance experts have expressed divergent opinions on the proposal by the Federal Government to borrow N2.2tn to finance the deficit envisaged in the 2016...
