The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Wednesday rubbished claims that President Goodluck Jonathan administration has squandered the n... Read more
The Central Bank of Nigeria on Wednesday said the nation’s foreign exchange reserves at $34.49 billion (N5.74 trillion) as at January 5. The News Agency of Nigeria reports that the CBN post... Read more
Oil extended losses below $48 a barrel amid speculation that U.S. inventories will expand, deepening a global supply glut that’s driven prices to a five-year low. This spells more trouble fo... Read more
The naira weakened a second day and Nigerian stocks headed for biggest drop since 2010 as central bank measures to protect the currency of Africa’s largest crude producer from falling oil pr... Read more
Agence France-Presse A screengrab captured in November, from a Boko Haram video released by the Nigerian Islamist extremist group.The Islamic militant group Boko Haram reportedly seiz... Read more
all things being equal, successor to the Director- General of Securities and Exchange Commission (SEC), Arunma Oteh, is expected to be announced on Tuesday (today). The five-year tenure of t... Read more
Worried by environmental degradation occasioned by frequent oil spillages, the people of Ibeno Local Government Area, one of the major oil-bearing communities in Akwa Ibom State, have lament... Read more
The $100 Million Tony Elumelu Foundation Entrepreneurship Programme (TEEP) is now open for entries. TEEP is an annual programme of training, funding and mentoring, designed to empower the ne... Read more
Oil futures ended the first trading day of 2015 on the same note they finished 2014, sliding to another round of lows on a surging U.S. dollar and a global glut of crude, Marketwatch reports... Read more
Passengers scrambling for space in luxury buses at Ifesinachi Bus terminal, Jibowu, Yaba, Lagos Travelers came out Friday morning only to be confronted by scarcity of vehicles to convey them... Read more
