The Central Bank of Nigeria on Tuesday raised its benchmark interest rate to 14 percent, a 10-year high, a measure seen by experts as a reaction to the continuing decline on the naira curre... Read more
The Niger Delta Avengers has claimed responsibility for blowing up Nigerian National Petroleum Corporation gas pipeline at Nsit-Ibom council area of Akwa Ibom State. The Avengers i... Read more
The Federal Government recorded a deficit of N890.9bn in its fiscal operations within the first four months of this year, figures obtained from the Federal Ministry of Finance indicated. Fin... Read more
On Saturday July 23, 2016, the GTBank Common Wealth Team, made up of players from Pakistan, New Zealand, South Africa and Canada, emerged victorious against the England team to win one of Po... Read more
THE Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation , Alhaji Umaru Ibrahim, has said that the level of ... Read more
The Nigerian naira just dipped past 300 per dollar for the first time ever. The currency weakened by 2.3% to 300.25 per dollar around 8:41 a.m. ET, according to data from Bloomberg. The nair... Read more
IMF chief Christine Lagarde was ordered Friday to stand trial in France over a massive state payout to a colourful tycoon when she was French economy minister, dealing a setback to her stell... Read more
Central Bank of Nigeria (CBN), has affirmed its confidence in Skye Bank Plc and has provided a short-term loan to the Bank to help to stabilise its operations after it replaced top executive... Read more
Petroleum Products Pricing Regulatory Agency is mulling the introduction of taxes on petroleum products like fuel, diesel, kerosene. The indication came from a report made available to the... Read more
In a new twist to the recent drama in the House of Representatives, men close the Speaker of the House, Yakubu Dogara, have said that Mr. Abdulmumin Jibrin was sacked as Chairman of the Hous... Read more