Business

This is despite the implementation of the flexible exchange rate policy, which has somehow led to the devaluation of the...

Lagos State Governor, Mr. Akinwunmi Ambode on Saturday said that the refinery, petrochemical, gas and fertilizer projects being undertaken by...

Nigerian Bottling Company (NBC), Limited, has announced the appointment of Mrs. Sade Morgan as Director, Legal, Public Affairs and Communications....

A financial expert has urged the Federal Government to implement a workable insurance scheme for farmers to boost food production...

Abia state has revealed that it has received the N1billion Commercial Agricultural Credit Scheme (CACS) loan from the Central Bank...

International Development, has approved N4.74bn (£16.7m) for the development of electricity from solar energy in Nigeria. According to SolarNigeria, the...

The naira is expected to drop further against the United States dollar at the parallel market in the coming days...

Pressure on the naira rose sharply on Wednesday with the local currency tumbling to a new low of 371 against...

On the outskirts of Lagos, Africa's richest man Aliko Dangote is building what he says is a solution to the country's...

Nigeria has been offered a $6bn credit facility by China to fund infrastructure projects in the country. This development was...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday, announced the increase of the monetary policy...

The Federal Government is expected to generate $224 million from the sale of 14 lots in the 2.6 Gigahertz spectrum band licensing...

Economists have long found Nigeria to be something of a conundrum. The macro picture has always appeared compelling – large...

The President of the Dangote Group, Aliko Dangote, retained his position as Africa’s richest person and was listed as the...

The Nigerian currency is finally gaining momentum after over a month of sharp decline against the American greenback. The naira,...

The International Monetary Fund (IMF) called on Wednesday for Nigeria to lift foreign exchange curbs and let the naira reflect...

Chief Executive Officer of Capital Oil and Gas, Ifeanyi Ubah, on Tuesday, stated that the naira has fallen substantially to...

The Federal Government spent N825 billion in three years on travels, maintenance, local and international training, welfare and stationery/computer consumables....

A Federal High Court in Lagos on Tuesday turned down an application of mareva injunction seeking to bar MTN Nigeria...

Telecommunications company, MTN Nigeria on Thursday said that it has completed the acquisition of Visafone, the only surviving Code Division...