The Nigerian-American Chamber of Commerce, NACC, has said that multiple foreign exchange rates ruling in the foreign exchange market creates distortion in the economy and is counterproductive...
Nigeria’s National Economic Council an economic advisory body has asked the Central Bank of Nigeria CBN to review its foreign exchange policy. This is coming on the heels...
Innovative research released by The MasterCard Foundation is making the case for a new approach to youth employment training strategies in Africa. Understanding Youth Livelihoods in...
The Central Bank of Nigeria said it was not queried by the Attorney General of the federation on foreign exchange sale as being speculated in some...
The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it to...
Central Bank of Nigeria (CBN) has said that it disbursed a total sum of $2.83 billion to intervene in the foreign exchange market for utilization in...
Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs) of 10 banks and...
Nigeria recently introduced policy of whistleblower has started yielding dividend Minister of Information Alhaji Lao Mohammed said this in a statement in Lagos. He said that...
—-plan to raise oil production to 2.5 mbpd by 2020 —-Expand tax base —-to privatise selected assets —-to present document to creditors end of Februry Federal...
Asset Management Company of Nigeria has taken over the operations of Arik Air to save it from total collapse. Arik Air has been immersed in heavy...
Sahara Energy, Glencore, Gunvpr, Aiteo, MRS, Trafigura and 122 other companies, have expressed their willingness to serve as off-takers for 800,000 barrels per day of Nigerian...
Central Nank of Nigeria CBN said it has sold $660 million in three- and five- month currency forwards at an auction aimed at clearing a backlog...
Foreign investment inflow into Nigeria fell from $9.6 billion about $4.52 billion, to $5.12 billion, between 2015 and 2016, according to data Obtained from the National...
The U.S. Commercial Service Nigeria held a Single Company Promotion event in Lagos on January 26, 2017, to launch a new training simulation solution by New...
MTN Group has announced that it will exchange its 51% interest in Nigeria Tower InterCo B.V., the parent company of INT Towers Limited (“INT”), the Nigerian...