Economy

Nigeria's Zenith Bank has shelved plans to raise 100 billion naira ($318 million) via a combination of bonds and share...

President Muhammadu Buhari has sent the names of 28 nominees for confirmation as resident electoral commissioners (RECs) of the Independent...

Fitch Rating Agency says Nigerian banks will continue to face challenges this year, following an extremely difficult 2016. It said...

Nigeria's debt office said on Thursday it raised 2.07 billion naira ($6.6 million) from a new two-year savings bond intended...

CBN plans to sell $100 million in currency forwards on Thursday to be delivered within the next 60 days, traders...

The naira continued to strengthen on the parallel market on Wednesday, brightening prospects of meeting the N350/$ exchange rate target...

The Federal Government on Wednesday approved a power sector recovery programme which comprises of policies and actions that will create...

The Senate has approved the request of the President to raise additional $500 million Eurobond from the international capital market...

President Buhari has finally and officially reconstituted board of the Nigeria Sovereign Investment Authority (NSIA), almost two years after he...

The Nigerian naira gained 1.1 percent to a six-month high of 430 per dollar on the black market on Wednesday,...