Nigeria’s forex reserves down $570m to $35.63bn despite oil rally
The foreign exchange reserves of Nigeria, Africa’s biggest oil producer, fell by $570 million in the first 15 days of
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Get on board or be left behind, Okonjo-Iweala tells Nigeria, others
The new Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, has said Nigeria and other African countries should embrace
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Nigeria’s inflation surges to 16.47%, highest in 45 months
The inflation rate in Nigeria rose further in January to its highest level in 45 months, official data showed on
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Universal Insurance grows annual profit by 1,646%
Universal Insurance Plc has reported an increase of 1,646 percent in its profit after tax for the 2020 financial year.
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Naira plummets to record low against dollar at I&E window
The Nigerian currency extended its decline on Monday, falling to a record low against the dollar at the Investors’ and
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Okonjo-Iweala confirmed as WTO DG, reveals her top priority
The World Trade Organization has chosen Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala, as its first female and first African
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Nigerian stocks suffer N660bn loss amid profit-taking
Nigerian stocks finished lower at the end of trading in the second week of the month as investors continued to
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CBN circulars on cryptos, others may be spooking foreign investors – FDC
The circulars from the Central Bank of Nigeria on cryptocurrency transactions, repatriation of export proceeds and diaspora remittances may be
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Naira tumbles at I&E window, strengthens on black market
The Nigerian currency plunged by 1.17 percent on Friday against the dollar at the Investors’ and Exporters’ Foreign Exchange Window.
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Nigeria sets up infrastructure company to bridge huge deficit
President Muhammadu Buhari has approved the establishment of an infrastructure company, named Infra-Co, with an initial seed capital of N1
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