The Nigerian Naira plunged to N360 against the US dollar at the parallel market on Wednesday, following a supply shortage of the greenback in the interbank...
Fitch Ratings has downgraded two of Nigeria’s biggest banks, citing the recent drawdown of the nation’s sovereign credit rating. The global credit rating downgraded the United...
The Nigerian State Minister for Petroleum Resources, Emmanuel Kachikwu said on Tuesday that Nigeria has signed a memorandum of understanding (MOU) worth over $80 billion with...
Crude oil prices plunged below $50 a barrel, after data showed Nigerian oil production surged in June following repairs to infrastructure damaged by the militant. Nigeria...
The Federal Government of Nigeria on Monday appeal to the world most populous nation China to cut the current tariffs levied on Nigeria’s products exported to...
The Federal Government of Nigeria reportedly earned N724.63 billion ($345 million) in oil revenue in the first quarter of the year, the Federal Ministry of Finance...
PayPal Holding, Inc. ranked the most populous black nation and the largest African economy Nigeria as the 3rd highest mobile shopper worldwide. The online payment giant...
CBN Intervenes as Naira Weakens to N355 The Nigerian Naira slid from N351 on Tuesday at the parallel market to N355 against the United States...
The decision of the Britons to exit the European Union has thrown global economy in turmoil with uncertainties as to its impacts on the Nigerian economy...
International rating agency, Fitch Ratings Inc., yesterday downgraded Nigeria’s credit ratings, citing the likelihood of the country to miss its debt obligations. In a statement issued,...