Naira to Sell at N415/$ as CBN Sustains Intervention The naira will trade at N415 to a dollar as the series of intervention by the Central...
MPC Retains Benchmark Lending Rate at 14 Percent The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at...
Court Grants Former NNPC Boss Yakubu, N300m Bail A former group managing director of Nigeria’s oil corporation who was accused of fraud has been granted a...
40bn Barrels of Oil Reserves Achievable by 2020 The Nigerian Association of Petroleum Explorationists (NAPE) has expressed confidence that the Federal Government has the capacity to...
AfDB to invest $12b in Nigeria, others The Africa DevelopmentBank, AfDB, has stated that it is set to invest about $12 billion under its new deal...
‘Africa Needs Good Governance, Not Economic Models’ Business leaders at the ongoing Africa CEO Forum in Geneva, Switzerland believe that good governance, not economic models, would...
Government Gives Fresh Conditions for Release of Paris Club Funds The Federal Ministry of Finance yesterday listed fresh conditions for the release of the Paris Club...
Ambode Tasks Auditors on Rules, Economic Recovery Rules and standards of the profession must be observed to promote sound financial institutions that support and facilitate economic...
Ogun to Partner Vitafoam on Development Projects Ogun State Commissioner for Commerce and Industry, Otunba Bimbo Ashiru, has pledged to support Vitafoam Plc and Vono Furniture...
Shrinking Economy, Surging Prices to Keep Nigeria Rates on Hold Faced with a contracting economy, surging inflation and a rigid exchange rate, Nigeria’s central bank will...