The devaluation of the naira slashed Nigeria’s trade deficit by 44 per cent to N196.5bn in June, from N351.3bn in March, the National Bureau of Statistics...
The Group Managing Director/ CEO, United Bank for Africa, Mr. Kennedy Uzoka, has said the banks African subsidiaries contributed 25 per cent of the group’s profit...
U.K Services PMI Rebounded in August The U.K Services sector rebounded in August, as the economy continued to differ post-Brexit fallout. The powerhouse services sector, which...
The National Bureau of Statistics on Sunday said the telecommunications sector contributed N1.58tn in real terms to the country’s second quarter Gross Domestic Product. It said...
The total funds invested by operators of the Contributory Pension Scheme in infrastructure have risen to N1.7bn. Statistics obtained by our correspondent also showed that the...
The Nigerian manufacturing sector declined in August, following a slowdown in business activities in the nation due to the global oil glut that crippled every facet of...
The Federal Government has signed two contracts valued at $5.1bn with the China Civil Engineering Construction Corporation for the construction and modernisation of rail lines in...
Nigeria in Worst Possible Time The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday admitted that Nigeria was in its worst possible time with the Gross...
The Nigerian economy continues to struggle amid falling oil prices, rising inflation, high unemployment and militant attacks that have seen the former largest African economy turn...
Cost of goods and services in Nigeria continued to rise after several measures by the Central Bank of Nigeria to ease the economic gridlock in the...