The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday announced a tightening of the monetary policy stance by increasing the Monetary Policy Rate...
The Federation Account Allocation Committee on Tuesday said the country recorded a shortfall of N20.47bn in gross statutory revenue from N290.96bn in January to N270.49bn in...
Credit Suisse Group AG plans to eliminate an additional 2,000 jobs this year and deepen cuts at the investment bank, five months after Chief Executive Officer...
Two explosions ripped through the Brussels airport departure hall and a third rocked a downtown subway station on Tuesday morning, causing deaths and injuries, according to...
Malaysia’s ringgit rose past 4 to the U.S. dollar for the first time since August on speculation a resurgence in crude will boost the oil exporter’s...
Toyota Nigeria Limited has recorded a breakthrough with the unveiling of its first locally-assembled vehicle in Lagos, a Hiace bus. This is coming about two and...
The Nigerian Electricity Regulatory Commission has issued a licence to the Ondo State Government and its partners, Kingline Development Company, a South Korean firm, to generate...
Nigeria’s cocoa production has dropped by 5.2 per cent from 248,000 metric tonnes in the 2013/2014 planting season to 235,000 metric tonnes in the 2014/2015 season,...
Oil plunged from a ninety-day high after the U.S. dollar surged, halting investor appetite for commodities. Futures pulled back as the Bloomberg Dollar Spot Index rose from the lowest...
The dollar headed for its steepest three-week slide in more than four years as an increasingly cautious Federal Reserve spurred analysts and investors to reassess forecasts...