Economy

Nigeria's capital imports slumped to a nine-year low in 2016 as Africa's biggest economy battled a weaker currency and its...

CBN has sold $660 million in three- and five- month currency forwards at an auction aimed at clearing a backlog of...

Smail Chergui, The 28th African Union Summit has commended Nigeria’s role in the fight against terrorism in West Africa and...

The manufacturing sector Purchasing Managers Index (PMI) has reversed its previous gains, declining to 48.2 index points in January 2017...

A total of 27 Nigerian Ministries, Departments and Agencies (MDAs) appear to have padded the 2017 budget by up to...

As Nigeria’s economy hangs in the balance, President Muhammadu Buhari’s Economic Management Team is planning a roadshow with a hope...

CBN plans to raise $300 million by selling a diaspora bond targeting Nigerians living abroad, one of the book runners on...

Emefiele Nigeria's foreign exchange reserves rose 8.39 percent to $27.88 billion by Jan. 26 from a month ago, climbing to...

The nation's currency, naira fell against the greenback to N500/$ on the black market as the nation’s dollar scarcity worsens,...

Despite speculations about the death of President Muhammadu Buhari, Aso Rock sources tell BusinessDay that the President is alive and...