Economy

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

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...

THE Nigerian National Petroleum Corporation, NNPC, has said that the recent increase in bridging allowance to transporters from N6.20 to...

Itse Sagay, chairman of the presidential advisory committee against corruption, has maintained that the senate lacks the power to summon...

Lower house of parliament on Tuesday launched a probe into a lack of funding for an amnesty programme for militants...

The British Government, will release information about Nigerians, who own property in that country next year. Prof. Bolaji Owosanoye, Executive...

CBN said on Tuesday it will offer dollar forwards to be delivered within two months to offset a backlog of...

The Central Bank of Nigeria (CBN) on Monday flooded the foreign exchange market with $240 million to meet effective demand.The...