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...
Worried by the continuous decline in the nation’s economy, Nobel Laureate, Prof. Wole Soyinka, on Thursday, called on President Muhammadu Buhari to convene an emergency economic...
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...
Today, the 8th Senate directed the Nigerian Electricity Regulatory Commission (NERC) to immediately suspend the February 1st, 2016 tariff hikes, which are estimated to be upwards...
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 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...
