Nigerian President Muhammadu Buhari on Tuesday sent a draft budget framework for 2017 to parliament for approval, detailing plans to...

Two of Nigeria's 10 presidential jets have been put up for sale as part of a drive to cut costs,...

Diageo has scrapped plans to lift its stake in Guinness Nigeria due to tough market conditions there, the drinks company...

 The Minister of State for Petroleum, DrIbe Kachikwu, on Wednesday said Chinese private companies had pledged an additional investment of $70...

Nigeria plans to raise 105 billion naira ($345 million) in local-currency denominated bonds at an auction on Oct. 12, the...

By: HOPE MOSES-ASHIKE The nation’s currency is beginning to strengthen against the US dollar as it closed to a record high...

Sees rebound to 0.6% in 2017, but revises global growth to 3.1% Nigeria's overall economic growth prospect is expected to...

Naira European Union (EU) official, Fillippo Amato, has advised the Federal Government to devalue the naira as part of measures...

Plans by the Nigerian government to borrow billions of dollars from the World Bank and other international lenders to plug...

The record progress achieved in Nigerian FX market has seemingly taken a negative turn.  Already, the remarkable achievement seen in the...