Economy

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...

Annual inflation in Nigeria accelerated in October to 18.3 percent, the National Bureau of Statistics said on Monday, its highest...

Militant group said on Sunday the continued presence of the army in the southern Niger Delta energy hub has undermined...

Lending rate rose to 22 percent on Friday from 13 percent last week due to tight liquidity worsened by banks...

Nigeria plans to sell 95 billion naira ($301.8 million) of bonds on Nov. 16, the Debt Management Office (DMO) said...

  …As Standard Chartered Bank discusses with CBN on alleged infraction   Dollar supply is at its lowest ebb in Nigeria’s...