Currency in circulation continues to drop amid rising inflation in Nigeria, as the Central Bank of Nigeria (CBN) recorded a decline between January and February. January...
Increasing optimism in Nigerian stocks delivered both a 2.2% or N390.257 billion rise in market capitalisation this week and upped the yield on investment of 29.97%...
Kaduna State Governor, Nasir El-Rufai, has said that the report he tried to prevent the Economic and Financial Crimes Commission (EFCC) from carrying out its functions...
Rising from its Monetary Policy Committee (MPC) session this afternoon, the Central Bank of Nigeria (CBN) announced its retention of the Monetary Policy Rate (MPR) at...
Going by the conclusion of an International Monetary Fund (IMF) team led by Amine Mati, Senior Resident Representative and Mission Chief for Nigeria, the apex bank,...
Nigeria’s inflationary rate for March, 2019 has been projected to stand at 11.2 percent by the Lagos based Financial Derivatives Company, FDC. According to the National...
All Progressives Congress (APC) in Edo State, yesterday, described the protest by the Peoples Democratic Party (PDP) over the result of the governorship election in the...
The Central Bank of Nigeria, CBN, has said that customers of Microfinance Banks, MFBs and Primary Mortgage institutions, PMIs, would be required to undergo Bank Verification...
Moody’s, the global rating agency, has predicted a further rise in the already historic high in the nation’s inflationary rate to 18 per cent. According to...
Stand-up comedian Basketmouth has slammed the Central Bank of Nigeria (CBN) for restricting hundreds of global remittance companies from operating in the country limiting customers to...
More facts have emerged on why the CBN had decided to provide a short-term loan to Skye Bank following its replacement of top executives for failing...
The International Monetary Fund, IMF, has painted a further grim picture for the Nigerian economy, saying it will contract in 2016. This, the fund said is...
The House of Representatives, Wednesday, reminded the Federal Government that it cannot utilise monies that has accrued in the Treasury Single Account, TSA, without the approval...
A day after divisive votes were cast to impeach President Dilma Rousseff, Brazil’s interim president, Michel Temer has vowed to rescue the country’s plunging economy. The...
The Greek central bank warned on Wednesday that the country would be put on a “painful course” towards default and exiting the euro zone if the...