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...
With the consistent issuance of open market operation bills by the Central Bank of Nigeria, the nation’s interbank overnight lending rate is expected to gradually inch...
The Central Bank of Nigeria has expressed its readiness to support the refinery, fertiliser and petrochemical complex being built by Dangote Industries Limited in Lagos by...
Last week was tagged by most financial media as the worst start to a year for global financial markets and saw most investors favouring Europe and...
A total sum of N5.7tn is being planned to be distributed among the three tiers of government as allocations for the 2016 fiscal year, figures obtained...
The President, Cocoa Processors Association of Nigeria, Mr. Dimeji Owofemi, has said that cocoa processors are recording huge losses on cocoa beans as a result of...
The proposed oil revenue in the 2016 budget presented by President Muhammadu Buhari to the National Assembly about three weeks ago is facing a setback as...
The world’s 400 richest people lost almost $194 billion this week as world stock markets began the year with a shudder on poor economic data in...
US economy added 292,000 jobs in December and maintained 5% unemployment rate, the lowest unemployment rate in seven and half a year. Economic Data ...
China’s central bank has pledged to continue prudent monetary policies while maintaining reasonable liquidity in the banking system. According to a joint statement from the People’s...