Naira Crashes to 516 as dollar scarcity widens The naira appears to have entered a free fall mode with the local currency selling for 516 per...
Judge Orders Permanent Forfeiture of Diezani’s $153m to FG Justice Muslim Hassan of the Federal High Court in Lagos has ordered the permanent forfeiture of a...
CBN Borrows N202.4bn via T-Bills at Yields Below Inflation The Central Bank of Nigeria sold N202.44bn worth of Treasury bills at an auction on Wednesday at...
FG, EU sign €70m Health Deal The Federal Government has signed a €70m grant agreement with the European Union to improve access to effective health care...
NNPC Recorded N197.5bn Loss in 2016 The group total loss of the Nigerian National Petroleum Corporation at the end of the 2016 financial year was N197.49bn....
Render Forex Returns in Uniform Format, CBN Tells Banks The Central Bank of Nigeria on Thursday directed Deposit Money Banks in the country to render returns...
FG Owes Retirees N143bn, says PenCom The National Pension Commission on Thursday said that the Federal Government owed a total of N142.6bn in pension liabilities to...
Inflation Rises Moderately in January, Up 18.7% The cost of living in Nigeria rose moderately in January, following low growth recorded in Communication sector and Restaurants...
Dangote Laments Huge Forex for Rice Importation Nigeria consumes 6.5 million tonnes of rice, which costs over $2bn annually, the Chairman, Dangote Rice Limited, Aliko Dangote,...
Lenovo Net Profit Falls 67% Lenovo Group Ltd, the world’s largest personal computer maker, posted a 67 percent slide in third-quarter net profit, according to the...