Economy

Godwin Emefiele, governor of the Central Bank of Nigeria says the country’s economic crisis should not be taken lightly by...

Interbank lending rate fell to 14 percent on Friday from 22 percent last week after the central bank repaid matured...

FG needs at least $14 billion a year in new investment over the next five years to raise oil output to...

Arik Air Nigeria's largest airline, Arik Air, has reduced the number of domestic flights it offers due to a scarcity...

Nigeria sold 119.92 billion naira ($394.21 million) in short-dated treasury bills at an auction on Wednesday, with mixed yields, data...

DMO sold far fewer bonds than it offered on Wednesday, as investors demanded higher yields from a government struggling to...

The local currency is expected to gain strength going forward following some measures by the Central Bank of Nigeria (CBN)...

Dollars U.S. dollar scarcity remains key challenge for Nigeria's corporate sector  Expects foreign investment inflows to be constrained until parallel...

Rising prices of basic food items such as   bread, fish, cereals and house hold expenses including rent and school fees...

…Sets stage for battle with finance ministry     The Minister of Finance has overall responsibility for the Nigerian foreign exchange...