In the just concluded week, the Nigerian Naira depreciated against the greenback at the interbank foreign exchange market by 0.08%...

A recent Central Bank of Nigeria survey showed that the Nigerian economy witnessed yet another contraction in both manufacturing and...

Vice president Yemi Osinbajo has once again assured Nigerians that the Abuja airport repairs currently going on will be completed...

Nigeria aims to legalise illicit oil refineries in the turbulent Niger Delta region, the vice-president's office said on Thursday, hoping...

Credit default by Nigerian borrowers is a major economic risk this year after bad loans soared to their highest level...

Union Bank plans to raise funds this year to boost its capital adequacy and tap opportunities to lend to agri-business...

Senate will debate a long-awaited oil industry reform bill after receiving the draft law on Thursday, the latest step in...

The Central Bank of Nigeria (CBN) offered the sum of $100 million to authorized dealers at the forex auction in...

CBN offered $100 million in currency forwards on Thursday, to be settled within 60 days, the bank said in a...

A FEDERAL High court in Lagos has unfrozen the domiciliary account of Patience Jonathan containing $5,842,316.66 at Skye bank Plc....