Nigeria

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...

The value of Nigeria’s currency in circulation has risen to N3.87tn at the end of March. According to the latest...

As fuel scarcity continues to bite harder in different locations, the Federal Government says it has begun a 15-day emergency...

Inflation in key African economies will slow into next year but remain stubbornly high in Nigeria due to sporadic flooding...

The Association of Bureaux De Change Operators of Nigeria (ABCON) has said that it is working on establishing a unified...

THE $20 billion Dangote Petroleum Refinery, yesterday, slashed further the prices of both diesel and aviation fuel to N940, N980 per...

The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on...

Over the past decade, Nigeria’s inflation rate has undergone a notable transformation, marking a significant journey from 8.05 percent in...

The 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for...

The International Monetary Fund, IMF, has projected Nigeria’s public debt to Gross Domestic Product, GDP, ratio to reach 46.6 percent...

In a move that has been described as ‘unprecedented’ ,  the Dangote Petroleum Refinery yesterday announced a further reduction of...

Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank...