The Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate from 12.5 per cent to 11.5 per cent after the two-day Monetary Policy Committee...
The nation’s inflation rate has recorded its biggest increase so far this year, rising to 13.22 per cent in August, the National Bureau of Statistics said...
The naira exchanged to the dollars for N440 in the parallel market on Thursday, despite the resumption of forex sales to the Bureau de Change Operators...
Nigeria’s debt public debt hit a total of N31.01tn at the end of June, the Debt Management Office announced on Wednesday. This means that in the...
The Debt Management Office on Wednesday released Nigeria’s total public debt stock as of June 30, 2020, and put the country’s entire debt at N31trn, indicating...
There are indications that stability is returning to the foreign exchange market as the value of the Naira appreciates in the parallel market. The exchange rate...
@NNPCgroup has spent a total of N648.82BN on pipeline maintenance in 5.5years. This is more than the capital allocation to the Health Sector (N617.56BN) in 13years...
For the first time in more than three years, the nation’s economy shrank in the second quarter of this year as the Gross Domestic Product fell...
Society of Petroleum Engineers, SPE, Nigeria Council has lamented the huge amount of money the country spent to keep its non-performing refineries. Speaking ahead of SPE...
South Africa’s grocery retailer ShopRite has debunked the report that it’s leaving Africa’s biggest market, Nigeria, 15 years after it opened shop in the West African...
