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...
Japan based electronics giant, Panasonic has established an assembly plant in Lagos to complement its manufacturing plant in India. In a statement, Shinichi Wakita, Managing Director...
Skye Bank Plc, Unity Bank Plc, FCMB Group Plc and Access Bank Plc topped the losers’ table after the close of trading at the Nigerian Stock...
The naira took further beating on Thursday at the parallel market, trading near its 2015 low of 280 against the United States dollar. The dollar was...
The Managing Director, International Monetary Fund, Ms Christine Lagarde, on Thursday concluded her four-day visit to Nigeria with a statement that poverty, inequality and unemployment remained...
China’s foreign reserves shrank last year for the first time since 1992, ending a 22-year ascent that began under former top leader Deng Xiaoping and accelerated...
Global markets shuddered as turmoil emanating from China spread around the world and billionaire George Soros warned of a crisis. Chinese shares fell 7 percent within...