The naira on Monday further depreciated against the dollar at the parallel market. The local currency lost N1.50 to the dollar as it traded at N225.5 to...
It is now more than six months since President Muhammadu Buhari was elected in a contest whose outcome was not challenged by the defeated incumbent. It...
International agency Fitch Ratings yesterday said Nigerian banks needed more liquidity following the withdrawal of public sector deposit. The agency said the withdrawal of the estimated...
There have been numerous studies and debates around the world as to how much influence presidents have on the economy but regardless of the outcome of...
Nigerian President Muhammadu Buhari said he opposed a further devaluation of the West African nation’s currency and endorsed the central bank’s policies that have restricted foreign-exchange...
The National leadership of the Peoples Democratic Party, PDP has again taken a swipe at the All Progressives Congress, APC and President Muhammadu Buhari, saying that the...
Nigeria’s banking industry may soon begin another round of retrenchment following the expiration of the September 15 deadline for compliance with the its Treasury Single Account (TSA)...
JP Morgan Chase & Co.’s decision to exclude Nigeria from its local-currency emerging-market bond indexes tops a year of pain for a nation reeling from a...
Equity transactions on the Nigerian Stock Exchange (NSE) on Thursday dropped both in volume and value terms. The financial analysts attributed the lull in the market...
Anybody who has been following the refugee crisis in Europe would not but feel sad about the misery that is pushing hundreds of thousands of people...
Former president, Dr Goodluck Jonathan, has said the appointments of Dr Akinwumi Adesina as president of African Development Bank (AfDB) and Ms Arunma Oteh as treasurer/vice...
By Alexis Akwagyiram, Daniel Flynn and Kevin Liffey, Reuters Nigerian President Muhammadu Buhari has made sweeping changes in the oil sector and armed forces during his...