Economy

The Nigerian Senate has resolved to investigate alleged irregularities in the award of contracts by the Federal Ministry of Power,...

By:David Malingha Doya-Bloomberg Fitch Ratings Ltd. revised the outlook on Nigeria to negative from stable over concerns that a lack...

Many Nigerian banks will be forced to raise fresh capital to boost their operations if there is any further weakening...

  Fitch has downgraded Nigeria’s sovereign credit rating, a move that will frustrate the country’s plan to raise $1 billion at...

Following the myriad of suggestions favouring adjustment in the price of petrol, Chief of Staff to the President, Abba Kyari...

The Bureau for Public Procurement (BPP) has queried the Minister of Works, Power and Housing, Babatunde Fashola over the award...

·      MPC held monetary policy rate unchanged at 14.0% amid inflation and global economic uncertainties. ·      The decision was driven...

Emefiele   Nigeria’s foreign reserves have risen to $28.9 billion as at Tuesday, January 24, 2017 driven by oil price...

The Central Bank of Nigeria (CBN) on Tuesday held the Monetary Policy Rate (MPR) anchor rate rate at which it...

The chances of President Buhari winning a second term mandate from Nigerians will be scuttled if the country’s misery index...