Nigeria imported $227million worth of sugar in the first seven months of this year, according to the central bank. The highest monthly value of imports of...
The Organised Private Sector (OPS) has expressed concerns over the proposed plan by the federal government to impose a special tax of nine per cent for...
The Central Bank of Nigeria (CBN) wednesday reiterated that Skye Bank Plc is neither distressed nor liquidated. The central bank said its attention was drawn to...
The country’s retail sector will continue to face significant challenges over the next 12 months as a result of its dependence on higher foreign exchange rates...
Despite the N3.87bn allocated to it in the 2016 Appropriation Act, lack of drugs and other essential medical items have crippled operations at the State House...
Sterling Bank Plc has announced the launch of the Sterling Diaspora Services for Nigerians based outside the shores of the country. The lender said the move...
Economic and financial experts have said that a policy and cultural change, fiscal discipline, high ethical and professional standard will enhance economic recovery in the country....
Access Bank Plc has partnered Verve International to promote cashless transactions in the country. The lender said the collaboration was designed to enhance customer education and...
Power generation in Nigeria fell to a record low in May, with households experiencing an average daily cumulative supply at 5.6 hours, a new report by...
Following the free fall of the naira against the United States dollar, the cost being incurred for the purchase of gas for power generation has risen...