The Central Bank of Nigeria (CBN) Monday injected $153.5 million into the interbank foreign exchange market. CBN’s Acting Director of Corporate Communications, Mr. Isaac Okorafor disclosed...
Aliko Dangote, Africa’s richest man and president of Dangote group, has recorded a $1.1 billion increase in fortune over the last six days. The increase in...
The Senate Committee on Works on Thursday recommended an increase in the pump price of petrol from N145 to N150 for the implementation of the proposed...
The Senate Committee on Works has recommended an increase in the pump price of petrol from N145 to N150 for the implementation of the proposed National...
The dollar yesterday crashed to N368/$ in the parallel market, after over three weeks at N382/$, representing N14 appreciation within the period. The exchange rate, which...
The naira Wednesday maintained its stability against the dollar at N389 per dollar in the parallel market. The stability defied expectation that the currency will appreciate...
Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu, on Monday vowed to resign if Nigeria continues to import fuel by 2019. Mr. Kachikwu stated this...
MultiChoice Africa is said to be having discussions with MTN, South African telecommunications company, regarding the sale of the company. Naspers Limited, parent company of MultiChoice...
Mr Audu Ogbeh, the Minister of Agriculture, on Tuesday, gave reasons why Nigeria rice is more expensive than imported rice, despite government efforts. Edujandon.com reports that...
The Central Bank of Nigeria (CBN) yesterday injected $457.3 million into various segments of the foreign exchange market, even as the naira remained stable at N385...
