Economy

Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, despite an overall...

The Federal Government says it will spend about 2.7billion dollars for the concession of narrow gauge rail lines in the...

The African Development Bank (AfDB) says it will support five countries with industrial policies to help boost development in the...

A Combined two foreign exchange (forex) market interventions by the Central Bank of Nigeria (CBN), on Wednesday, at the weekend...

The Federal Government spent a total of N4.3tn to service the country’s debt obligations to local and foreign debtors between...

China’s central bank said Thursday that it has inked a currency swap agreement with its counterpart in Nigeria. The agreement...

The Lagos Chamber of Commerce and Industry (LCCI) has sought partnership with stakeholders at the Nigerian Stock Exchange (NSE) in...

Nigeria’s Fidelity Bank is considering issuing local debt to raise funds to boost lending and has increased provisions against indebted...

There was confusion at the headquarters of the Central Bank of Nigeria following scare of a fire outbreak at the...

An  International Consortium led by GE  has signed an agreement  with Nigerian officials in Washington D.C. to proceed with the...