The Nigerian stock exchange (NSE) was on the rise on Wednesday, as the naira fell to new record low of N318 to the dollar on the...
The Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market. It previously exchanged between N305 and N307 to the dollar...
The Accountant-General of the Federation, Ahmed Idris has called on the Leadership of the National Assembly to allow for TSA operation/ Implementation in the National Assembly...
The Asset Management Company of Nigeria (AMCON) has dissolved the Board of Aero Contractors and appointed a Manager over the affairs of the airline. AMCON announced...
The Nigerian Civil Aviation Authority, NCAA, has suspended Bristow Helicopter’s aircraft type SikorskyS-76 from further operations in Nigeria due to the successive crash of the aircraft...
Professor Pat Utomi has criticized President Muhammadu Buhari for the statement he made in Kenya saying that he would not devalue the Naira. Prof. Utomi stated categorically...
First City Monument Bank (FCMB) has relieved 150 staff of their duties, a top official of the bank said on Monday. The official, who did not...
Nigeria has asked the World Bank and African Development Bank for $3.5bn in emergency loans to fill a growing gap in its budget in the latest...
Nigeria’s external reserves dropped to about $28.2 billion as at Friday January 29th 2016 according to data available on the website of the Central Bank of...
President Muhammadu Buhari declared late Wednesday in Nairobi that he was yet to be convinced that Nigeria and its people will derive any tangible benefit from...
The Federal Government is targeting an additional N66.1 billion revenue in 2016 from an imposed stamp duty of N50 on bank customers for money received into...
Central bank Governor Godwin Emefiele on Tuesday resisted calls — again — to weaken the currency despite a plunge in oil prices that’s slashed revenue in...