The Niger Delta Development Commission (NDDC), said it had sent some key officials on mandatory leave, pending the conclusion and outcome of the ongoing forensic audit...
The Lagos State Governor, Babajide Sanwo-Olu, has directed the reopening of markets on selected days in the state. He spoke during a televised press conference on...
The Nigerian Stock Exchange (NSE) recorded a bullish performance on Tuesday with the market capitalisation improving by N58 billion following gains in high capitalised stocks. Specifically,...
The Central Bank of Nigeria (CBN) has lifted suspension placed on cheque instruments in the Nigerian clearing system. Consequently, cheque instruments will be allowed to pass...
The International Monetary Fund (IMF) is expected to recommend the approval of $3.4 billion in emergency funding for Nigeria as part of measures to cushion the...
The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic supply glut caused largely by the coronavirus pandemic’s...
Bonny Light, one of Nigeria’s benchmark crude oil grades, traded between $12 and $13 per barrel between Monday and Friday. According to Bloomberg this price is...
The Naira appreciated against the dollar by exchanging at N383 to the dollar, stronger than N385 posted at the last trading session. This was the first...
The Executive Board of the International Monetary Funds, IMF, approved immediate debt service relief to 25 of the IMF’s member countries under the IMF’s revamped Catastrophe...
The International Monetary Fund has granted debt relief to 25 countries, mostly African nations excluding Nigeria. A statement by the Managing Director of the IMF, Kristalina...
by CNN The African community in Guangzhou is on edge after widespread accounts were shared on social media of people being left homeless this week, as...
The Lagos Government has denied relaxing the lockdown in the state as the Easter celebration starts this weekend. President Muhammadu Buhari had on Sunday, March 29th 2020,...