Banks Get Dollar Surplus as CBN Offers $100 Million The Central Bank of Nigeria (CBN) ended the week with a fresh dollar intervention at the interbank...
Service providers in Nigeria’s telecommunications networks lost 1,275,573 internet users in February, the Nigerian Communications Commission (NCC) has said. The NCC made the disclosure in its...
Non-oil Sector as a Game Changer in Nigeria Nigeria’s export trade in the 1960s was fuelled by the agro-industry and constituted mainly of cocoa, groundnuts, rubber,...
The Nigerian Economy and Policy Environment Recently released data from the National Bureau Statistics (NBS) confirmed that Nigeria experienced a full year recession in 2016 with...
Nigeria Tops India’s Africa Export with $9.949bn Nigeria has continued to outpace other African countries in export to India with $9.949 billion in exports last year....
Abuja Airport Runway Repairs to Continue After Reopening The Federal Government will still carry out another round of upgrade work on the runway of the Nnamdi...
Report: Customs Responsible for 82% of Charges at Nigerian Ports A study by Nigeria’s leading accounting firm, Akintola Williams Deloitte, has blamed the high cost of...
Goldman Sachs Warns of Another Oil Glut in 2018 Leading global investment banking firm, Goldman Sachs, had warned that another downturn in global oil prices could...
Dangote, Others Plunked $6bn in Lekki Free Zone in 2016 The largest manufacturing conglomerate in West Africa, Dangote Group, and other companies have invested $6 billion...
Oil Speculators Can’t Dump Rally Bets Fast Enough Amid Glut The bullish sentiment following OPEC’s deal is almost all gone. Hedge funds haven’t been so skeptical...