Economy

The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange...

The Nigerian National Petroleum Corporation, NNPC, has secured $2billion discounts in the last one year from renegotiated Upstream contracts being...

CBN  said it will sell $100 million at a special foreign currency auction on Monday, the latest in a series...

Nigeria’s state-owned oil company said it signed a deal with Schlumberger Ltd. to provide $700 million for the development of two oil...

CBN sold 31.94 billion naira ($104.76 million) in treasury bills on Friday in a bid to tighten liquidity in the...

Nigerian stocks fell on Friday after a two-day rally, as asset managers booked profit ahead of their half-year fund returns,...

Nigeria's foreign exchange reserve stood at $30.25 billion by June 28, down 0.36 percent from a month ago, central bank...

NNPC said on Thursday it had agreed a joint venture to cover the more than $700 million cost of developing...

Former President Olusegun Obasanjo on Thursday called on the leaders of the Economic Community of West African States (ECOWAS) to...

OPEC OPEC may need to make deeper supply cuts to rebalance the oil market as booming production from Libya and Nigeria...