The foreign exchange crisis hitting the economy has assumed a new dimension with Deposit Money Banks announcing the suspension of overseas Automated Teller Machine card services...
The Federal Government spent about N3 trillion to import petroleum production between January 2015 to April 2016, according to the National Bureau of Statistics (NBS) in...
The country’s external reserves have hit an 11-year low of $24.21bn, according to the latest data from the Central Bank of Nigeria. The development means a...
Rice worth over $3 billion meant for the Nigerian markets are said to be stuck in various warehouses in Benin Republic due to the federal government’s...
Annual inflation in Nigeria accelerated in September to 17.9 percent, a more than 11-year high and the eighth monthly rise in a row, highlighting the economic...
The Naira continued its appreciation at the parallel market today, October 12, as it climbed to N468 to the dollar from N470 to the dollar the...
The Central Bank of Nigeria (CBN) has suspended all the banks, with exception of First Bank, from selling dollars proceeds of international money transfer services (IMTS)...
The Nigerian Naira appreciated on the parallel market on Tuesday, following the introduction of Travelex to the Bureau De Change segment last week. The local currency...
The vice president has revealed that the implementation plans for the effective commencement of a number of the social investment programmes has reached advanced stages for...
AS Nigerians still grapples with the devastating effect of the economic recession being witnessed in the country, the Association of Master Bakers and Caterers of Nigeria,...
