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...
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 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...
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...
The difficulties in getting foreign exchange and the steep fall in the value of the naira are seriously affecting the manufacturing sector, with prices of locally...
The continued fall in crude oil price may lead to a further cut in the pump price of petrol by the Federal Government any time soon,...
The Federal Government has set aside N120bn for different railway projects across the country in the 2016 budget proposals, the Minister of Transportation, Rotimi Amaechi, has...
The current monetary policies, especially on Forex in Nigeria are beginning to take a toll on foreign investment, including businesses being operated by other African nationals...