THE Nigeria Interbank Settlement System (NIBSS) and banks in the country have spent over N400 million to provide incentives to promote adoption of electronic payment in...
Nigeria earned about N3.549 trillion from the oil and gas sector in eleven months, between January and November 2015, according to data obtained from the Central...
PBOC Cuts Reference Rate The Chinese yuan weakened after the People’s Bank of China lowered its daily reference rate by 0.17 percent, the most in six...
Amazon.com Inc. is increasing the minimum order size for free shipping to $49 from $35, a step that could encourage more consumers to sign up for...
The naira rose to 375 against the dollar at the parallel market on Monday as the demand for the greenback began to drop. The demand for...
The Australian dollar is nearing a resistance level it hasn’t breached since 2014, opening up prospects the currency will extend gains after its biggest daily advance...
The scarcity of foreign exchange for importation of raw materials by local industries is adversely affecting the sector as over 50,000 workers have lost their jobs...
Crude prices will probably stay low for longer than expected, International Monetary Fund Managing Director Christine Lagarde said, urging Gulf Arab oil-producing countries to cut spending...
After rallying for five day the previous week following investors drive to build position ahead of probable positive earnings release by listed companies, the Nigerian equities...
Forte Oil Plc has recorded a profit before tax of N7.01bn in the 2015 full year audited result, representing an increase of 17 per cent over...