Central Bank of Nigeria (CBN) in line with its promise to ensure continued liquidity in the foreign exchange market has sustained the supply of foreign exchange to...
The Chairman of Brass Liquefied Natural Gas, LNG, Mr. Jackson Gaius-Obaseki and other experts in the petroleum industry have blamed the Federal Government for the collapse...
Crude oil merchants are seeking higher discount on the various grades of Nigeria crude. Some are asking as much as $1.2 per barrel. As a result...
Debt Management Office DMO, has opened bidding for a new two-year savings bond targeted at retail investors with a coupon rate of 13.01 percent below the 14...
Abu Dhabi telecoms group Etisalat may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2 billion loan, but wants the company’s debt...
Mobileye N.V. said Monday it agreed to be acquired by Intel Corp. in a deal with an equity value of $15.3 billion. Under terms of the...
Nigeria’s foreign currency stock, external reserves has moved up above $30 billion as of March 8 to its highest level since October 2015, data on the...
Central Bank of Nigeria in a bid to sustain the supply of foreign exchange to the market in order to shore up the value of the...
Access Bank has said its lending grew by 32 per cent in 2016, far above its target for that year, due largely to the devaluation of...
Here is NCC statement NCC After a meeting Thursday afternoon in Abuja between the Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof. Umar...
Nigeria Senators have demanded the appearance of Customs boss Ali before it in Uniform. Colonel Hameed Ibrahim Ali,retired since being appointed customs boss has refused to wear...
The Nigerian Economic Summit Group, NESG has voiced its concern over the likely implementation problems of the Federal Government’s Economic Recovery and Growth Plan, ERGP, though...
Some foreign exchange street traders have started rejecting new offer for dollar purchase as banks have started opening forex sales point at the airport and...
Trading on Nigeria crude oil was relatively slow as a pending tender from Indian Oil Corp. kept Nigerian barrels tied up, while key buyer Unipec continued...
Federal Government plans to raise N213.75 billion from short-term treasury bills at an auction on March 15, the central bank said. The government the CBN said...