Economy

A big bang reform in Nigeria leading to billions of dollars of inflow – similar to Egypt since late 2016...

Barely two weeks after Asset Management Corporation of Nigeria (AMCON) took over the management of Arik Airlines, Nigeria’s largest local...

Nigeria's overnight lending rate plummeted to around 15 percent on the interbank market on Friday from around 133 percent the...

CBN sold $1.5 million on the interbank market at 305 per dollar on Friday to boost liquidity, traders said. This...

Naira rose on the black market to its highest in more than three months on Friday, after several interventions by...

The nation’s currency on Friday, at about 3pm local time continued its appreciation against the US dollar, gaining N25.00k to...

Jonathan Bernstein As the first month has passed of Donald Trump's presidency with little sign of success, and some question...

Governor Olusegun Mimiko, whose eight year tenure ends midnight, has handed over the instruments of power to Oluwarotimi Akeredolu, (SAN),...

Sergey Mavrodi, founder of MMM, has written to participants in Nigeria, asking that they pay some money into the system,...

HARRISON EDEH,ABUJA Bassey Edem,the President of Nigerian Association of Chambers of Commerce,Industry,Mines and Agriculture,(NACCIMA) wants the National Assembly to ensure...