The scarcity of fuel currently being experienced across Nigeria may have taken its toll on the aviation sector, as some airlines are already delaying and cancelling...
Inadequate supply of gas to the power station and explosions at transmission lines in the Lagos area and Jebba have resulted in a drop in electricity...
Speaking with Daily Trust on Friday night, the Senior Special Assistant to the Vice President on Media and Publicity, Mr Laolu Akande revealed that Buhari’s economic...
Ecobank Nigeria Plc has sacked 50 top managers of the bank as it struggles to stay afloat in the midst of biting economic hardship in Nigeria....
The naira firmed again yesterday to trade at N340 against the US dollar at the parallel market from N370 on Monday, but traders differ on reasons...
Ifeanyi Ubah, managing director and CEO of capital oil, has claimed victory for the gains experienced by the naira over the past two days. Speaking on...
Nigeria’s foreign exchange reserves has risen for the first time in five months and the second time since President Muhammadu Buhari assumed office. According to the...
Ifeanyi Ubah, chairman of Capital Oil and Gas, says he has the business wherewithal to restore the naira to 200 against the dollar in one month...
You’d think the Nigerian Central Bank is an independent body away from the influence of the Presidency… For the upteenth time, President Buhari has once again...
Liberia’s central bank confirmed Thursday it has appointed the son of President Ellen Johnson Sirleaf as interim governor despite his previous suspension from the institution for...
The naira on Wednesday depreciated further to N385 per dollar in the parallel market as demand for foreign exchange intensified in the market. The currency however...
The Nigerian naira fell to a record low on the black market on Tuesday, with dollars scarce and speculation rife that the central bank would soon...