Last year Nigeria owed airliners $600 million but as of October the amount had fallen to $221 million, Adefunke Adeyemi has said. According to the International...
The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the inter-bank Foreign Exchange Market, even as...
Chinese shoppers spent a record $25 billion online on this year’s “Singles Day” promotion run by e-commerce giant Alibaba, up nearly 40 percent from last year,...
Federal government has said that The Buhari administration, is working hard to ensure that the people of Niger Delta benefit maximally from the wealth of their...
ECOWAS in collaboration with the European Union (EU) and United Nations Industrial Development Organisation (UNIDO) have resolved to develop a Regional Accreditation System (RAS) to enhance...
Minister of Finance, Mrs. Kemi Adeosun, has said the payment to a whistleblower, who provided the tips that led to the recovery of funds stashed away...
Central Bank Governor Mr. Godwin Emefiele has said that Nigeria’s foreign exchange Reserves will continue to grow and that over the last 12 months it grew...
Site of expo 2020 Dubai under construction. By Omoh Gabriel Members of Dubai Chamber of Commerce and Industry as well as the officials of Dubai...
Nigeria’s overnight lending rate fell to 9 per cent in late trades on Friday from around 21 per cent in the previous session after the central...
The Republic of Benin (Benin) has become the 17th Member State of Africa Finance Corporation (AFC), Africa’s premier infrastructure development finance institution. Hon. Romuald Wadagni, Minister...
The Board of Directors of the African Development Bank Group (AfDB) has approved a $ 172-million financial package to Nedbank Group Limited of South Africa, to...
Vice President Yemi Osinbajo has said that the development of Abidjan-Lagos Corridor is one of the flagship projects of the entire ECOWAS enterprise. Speaking at the...
Debt Management Office DMO, said it will raise N710 billion on behalf of the Federal Government of Nigeria through restructuring of Nigeria stake in joint venture...
Petroleo Brasileiro SA, Brazil’s state-owned oil company is making moves to sell Petrobras Oil and Gas BV, Petrobras Africa, involved in two deepwater oil exploration blocks...
US Companies and those in China have signed business agreements worth over 250 billion dollars in areas such as energy, manufacturing and aviation during U.S. President...