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There are strong indications that the federal government is actively considering a raft of fiscal measures to mitigate the worsening...

Financial experts have said that the latest directive from the Central Bank of Nigeria asking banks to deposit their excess...

Despite the lull in economy and other challenges, investors on the Nigerian Exchange Limited, NGX   gained over N15.6 trillion in...

Credit rating agency, Agusto & Co., has projected that managed assets in the country will witness an average annual growth...

The Central Bank of Nigeria, CBN, yesterday, said it has discontinued the Price Verification System (PVS) and Report as criteria...

The prices of major fuels, including Premium Motor Spirit (PMS) or petrol, diesel, as well as gas continued to rise...

Forex turnover at the official foreign exchange market has increased to $23.29bn within over six months of trading following a...

The sharp depreciation of the naira and the country’s dependence on the importation of liquefied petroleum gas (LPG) also known...

Africa’s oil demand is projected to increase by 11.5 per cent within a year to hit 4.9 barrels per day...

The World Bank yesterday approved a total sum of N2.25 billion for Nigeria to enable the federal government to sustain...

The Nigeria Deposit Insurance Corporation has listed the head office in Lagos and branches of failed Heritage Bank across the...

The Nigerian National Petroleum Company Limited, on Monday, denied reports that it inflated the subsidy on Premium Motor Spirit, popularly...

The Nigerian stock market yesterday halted its two days profit-taking by investors, as gains in Nestle Nigeria Plc and 17...

Nigeria may have lost about N148.8bn in oil revenue on Monday as a result of the industrial action embarked upon...

Currency in circulation has improved from 94 per cent recorded in March 2024 by 2 per cent compared with the...

The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent...

The Naira Friday depreciated in the parallel market to N1,520 per dollar from N1,515 per dollar on Thursday. However, the...

There may be no respite  yet for investors in the stock market as investment analysts have said that the outcome...

The Economic and Financial Crimes Commission has arrested over 200 suspects in connection with foreign exchange scams and manipulation of...

The Federal Government may cut its approximately N6.2tn yearly fuel import bill if the Dangote Petroleum Refinery begins the sale...

The domestic stock market yesterday extended losses from the previous session, bringing the overall capitalization down by N268 billion. Also,...

On Monday, appreciated against the dollar, at the official foreign exchange (FX) market, despite low dollar liquidity in the market....

As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater...