The Naira on Friday depreciated against the dollar as it traded at N208 from the N191.50 it sold for on Monday, Jan. 19. The rate has...
Nigeria’s Excess Crude Account, the equivalent of the Sovereign Wealth Fund, has plunged to $2.45 billion as oil prices continue to fall. The balance in the...
Experts of Financial Derivative Company Limited predict that the naira will continue to fall to N200 per dollar at the parallel market. Such appreciation was caused...
Last October monthly import of kerosene from the United States to Nigeria had hit the highest mark since 1995, BusinessNews informs. The latest estimates based on...
Mr Eugene Nweke, President, Nigerian Association of Government Approved Freight Forwarders of Nigeria (NAGAFF), on Monday cautioned the Central Bank of Nigeria (CBN) against further devaluation...
Current rating for top 100 electricity producers in the world shows Nigeria 4th in Africa, 70th in the world. more work needed to reach top 5...
Oil workers in Nigeria are set to embark on an indefinite strike from Monday, December 15th, as they are unhappy about some unresolved issues they have...
You might be wondering what motivated me to write on the banks in Nigeria and their performance. But the reasons are obvious, many people open Bank...
Nigerian business man, Aliko Dangote has emerged as the Forbes Africa Person of the Year 2014. Other finalists of the most coveted award were Thuli Madonsela,...
The Nigerian naira touched a new record low of 183.05 against the dollar today, Reuters reports. Dealers say concerns over a sustained low oil price and...
