Economy

Lagos state has sold 47 billion naira ($154.50 million) of bonds maturing in 2023 to help finance its efforts to...

Nigeria's government will seek a lasting peace settlement with militants in the oil-producing southern Niger Delta region in 2017, President...

The four deposit money banks classified under tier 1 bank including Guarantee Trust Bank plc, United Bank for Africa plc,...

The naira is one of the world’s four worst performing currencies in 2016, according to a report by Bloomberg LP....

Nigeria's foreign exchange reserves fell 11.7 percent to $25.72 billion by Dec. 28, from $29.13 billion a year earlier, central...

Emefiele CBN sold about $1 billion on the forward market last week to clear a backlog of dollar obligations in selected...

The Central Bank of Nigeria (CBN) sold about $1 billion on the forward market last week to clear a backlog...

Police detectives have arrested a suspected member of an unidentified militant group for an attempt to blow up 3rd Mainland...

Boko Haram fighters fleeing an attack on their base last week may have used some of the girls kidnapped in...

The sudden rise in the nation’s foreign reserves to $25.36bn and improving oil prices could help close the country’s multiple...