The Central Bank of Nigeria (CBN) has formally announced that it would no longer sell dollars to Bureau de Change (BDC) operators. Since over 70 percent...
South Africa is moving closer to a recession and possible credit-rating downgrade to junk after the rand collapsed and as investors lose faith in the ability...
Competition in Nigeria’s Smartphone market is unwavering as the big players try to stamp their dominance while new entrants such as Infinix Mobility and others...
Stakeholders in the Nigerian capital market have lamented the lull in market activities and the huge lose recorded in the Nigeria Stock Exchange last week, where...
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...