The Central Bank of Nigeria (CBN) has spent $4.7 billion to defend the naira this year, even as the nation’s external reserve fell to $29.6 billion...
In a lecture delivered at Babcock University’s 12th Convocation titled, ‘Transforming Nigeria economy: Opportunities and Challenges’, Finance Minister, Ngozi Okonjo-Iweala gave the breakdown of the allocations...
Sokoto State Governor, Aliyu Wamakko has said President-elect Muhammadu Buhari will unfold the All Progressives Congress master plan on job creation and social security related issues...
The Central Bank of Nigeria has threatened to go after schools and landlords in Nigeria that demand fees and rents in dollars. Rising from its Monetary...
The dollar hit a 12-year high against the euro Monday, ahead of a closely watched Federal Reserve policy meeting this week, while oil prices fell again...
A new survey by Bloomberg has predicted that Nigeria, China, the Philippines, Kenya, India and Indonesia will rank among the 10 fastest growing economies in world...
Enugu State Governor, Sullivan Chime, on Friday signed the state’s 2015 Appropriation Bill of about N96.735bn into law. This followed the passage of the Bill by...
In a bid to reduce pressure on the naira, which has come under speculative attacks in recent weeks, the Central Bank of Nigeria on Wednesday announced...
Following the submission of its audit report on the Nigeria National Petroleum Corporation (NNPC) by PriceWaterhouseCoopers, which indicated that only $1.48b was yet to be remitted...
The Naira on Monday lost N2 to the dollar to sell at N210 at the Bureau De Change (BDCs) segment of the official market. It also...