Economy

Nigeria’s government on Thursday said it will reinvest $250million into the Sovereign Wealth Fund upping its capital to allow for more investment....

The nation’s foreign reserves on Thursday rose to $29.00 billion following oil price increase and relative stability in the Niger...

CBN sold 202.44 billion naira ($665 million) worth of treasury bills at an auction on Wednesday at yields lower than...

Nigeria has raised 160 billion naira ($525 million) in local currency bonds at its second debt auction this year at...

Nigeria has not decided yet how much it wants to borrow from the World Bank, its budget minister said on...

Kalu Idika Kalu, Nigeria’s two-time finance minister and the respected economist has taking a swipe at the managers of the...

The Asset Management Corporation of Nigeria (AMCON) on Wednesday said Arik Air owes creditors over N361,705,000,000. Breakdown of the credit...

The Federal Executive Council has approved the Economic Recovery Growth Plan which will be launched later this month.Minister of Budget...

The nation’s currency on Wednesday fell to a record low of N510 against the U.D dollar at the parallel market...

Naira hit a fresh low on the black market on Wednesday and the head of its bureau de change association...