Ahead of the outcome of the ongoing Monetary Policy Committee meeting in Abuja, the Central Bank of Nigeria has injected over $255 million in to the...
Moody Rating Agency has said that currency devaluation has eroded the quality of Nigeria banks loan quality, profitability and capital stock. In a report titled Sub-Saharan...
Africa economy is expected to grow by 3.4 per cent in 2017 a report by Africa Development Bank released in India has said. The report said...
International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counter party credit ratings to the United Bank...
Nigeria will henceforth process all tourist and business visas within two days, the vice president’s office said as Nigeria tries to improve the ease of doing...
The Federal Government, 36 states and their local government areas have so far shared N1.4 trillion from the federation account, being revenue generated in the first...
With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run against the United States...
In exercise of the presidential authorities vested in the Executive arm of government, Acting President Yemi Osinbajo, SAN, has signed three executive orders that will significantly...
Central Bank of Nigeria (CBN) has released a list of items, mainly raw materials, that can source foreign exchange (forex) from the market. The list, signed by...
European Union antitrust regulators fined Facebook 110 million euros about $122 million for giving misleading information during a vetting of its deal to acquire messaging service...
Central Bank of Nigeria has said that a total of $2.37 billion was the amount that came into the country through official channels. It also said...
Nigerian National Petroleum Corporation NNPC, is in the final stage of signing $6 billion worth of deals to exchange more than 300,000 barrels per day (bpd)...
Facebook has selected 60 finalists from the hundreds of entries it received from across the Middle East and Africa for the Bots for Messenger Developer Challenge....
Federal Government has approved procurement of three helicopters and twelve fast intervention vessels to ensure coastal and aerial surveillance and patrol of the Nigerian maritime environment...
Annual inflation in Nigeria eased for the third straight month in April, slightly down to 17.24 per cent from 17.26 per cent in March, the...