Naira Stabilises at N497 to Dollar The naira on Monday stabilised at N497 to a dollar at the open market just as stakeholders expressed hope in...
Reps Grill Adeosun, Udoma on Forex Crisis, Rising Inflation Members of the House of Representatives, on Monday, grilled the Minister of Finance, Mrs. Kemi Adeosun, and...
Heritage Bank Sacks ‘400’ Staff Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. Investigations by the News Agency...
Inflation is Out of CBN’s Control Olusegun Omisakin, the Head of Research, Nigerian Economic Summit Group (NESG), says rising inflation rate in the country has gone...
Obama Mocks Trump U.S. President Barack Obama on Sunday night listed “thick skin” and “stamina” as important qualities for the top person in the White House...
Brexit Plans Rattle Pound and Stocks as Gold Rises The pound fell, equities slid and gold climbed on concern U.K. Prime Minister Theresa May is prepared...
Foreign Reserve Hits $26.9bn, as Value of Open Contracts Rises Nigeria’S foreign exchange reserves increased week-on-week by 2.51 per cent toUSD26.88billion, according to latest update from...
Banks’ Deposit Declines by N213bn BANKS’ deposit fell by N213 billion in December, reflecting impact of the economic recession on individuals and businesses. Meanwhile, Federal Government’s...
Dangote Floats Truck Assembly Plant Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts to boost...
Investors Seek Government’s Intervention as Indices Plunge by N100 Billion Investors, at the weekend, renewed the call for Federal Government to make deliberate pronouncements that would...