Economy

Godwin Emefiele    Godwin Emefiele, Central Bank of Nigeria (CBN) governor and chairman of MPC has called on the Security...

A leading global rating agency, Fitch Ratings, has revised down the Support Rating Floors of 10 Nigerian banks to ‘No...

FG is considering amendments to its foreign exchange laws to curb illegal fund transfers and insider dealing and stop individuals holding...

Fashola Nigeria's biggest power station shows the huge problems that President Muhammadu Buhari must overcome if he is to fulfil...

Nigeria's recession Nigeria's recession deepened in the third quarter and oil production fell, the National Bureau of Statistics (NBS) said...

Nigeria's economy can expand by 2.5 percent next year, rebounding from a recession entered in the second quarter, as long...

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...