Trading on Thursday on the floor of the Nigerian Stock Exchange ended on a negative note with losses in the shares of Seplat Petroleum Development Company...
Nigeria’s stock exchange introduced a circuit breaker to limit price swings as equities in Africa’s biggest oil producer plunged the second-most among global stock markets this...
Considering the persistent bear run at the stock market, the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema on Thursday advised investors...
Bank customers are shying away from making cash deposits into their domiciliary accounts three days after the Central Bank of Nigeria lifted the ban on foreign...
The Senate on Thursday summoned the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to appear before it next week Tuesday to explain the...
Nigerian authorities said today the country will not cut oil production even as nosediving crude prices caused by a global supply glut ravage revenue. US crude...
The Managing Director of the International Monetary Fund, Christine Lagarde, said on Tuesday that Nigeria was under severe economic stress. Lagarde, who was on a four-day...
For the 17th straight months, Japan posted another current account surplus in November, providing support for Prime Minister Shinzo Abe’s efforts to boost the world’s third...
The Central Bank of Nigeria (CBN) has formally announced that it would no longer sell dollars to Bureau de Change (BDC) operators. Since over 70 percent...
The persistent weakness of the naira, occasioned by low oil price in the international market, calls for devaluation of the currency sooner than later, industry experts...