2016 TONY ELUMELU ENTERPRENUERSHP PROGRAMME: (L-R) Selection Committee member, Nimi Akinkugbe; Tony Elumelu, Founder, Tony Elumelu Foundation, CEO Tony Elumelu Foundation, Parmindar Vir, To... Read more
Nigeria may reduce the oil benchmark of $38 per barrel outlined in its 2016 budget if global crude prices continue to fall, the budget and planning minister said on Thursday. The drop in the... Read more
The Central Bank of Nigeria has reshuffled the portfolios of some of its directors, as it seeks to re strategies for more effective foreign exchange management. The soar-away prices of the d... Read more
President Muhammadu Buhari has remained adamant in his opposition to the devaluation of the naira, despite the deceleration of the currency at the parallel market. Naira which sells at N199.... Read more
The Federal Government in its bid to breach the liquidity gap has sold N242.38bn ($1.22bn) worth of three months to one year Treasury bills at higher yields than in its previous auction, the... Read more
The Nigerian currency naira has continued its downward slide versus the US dollar, exchanging to N287 per dollar at the parallel market on Monday. The development is the immediate effect of... Read more
Fertilizer plant in Lagos to be operational next year Petrochemical facility, refinery to be completed by 2018 Nigerian billionaire Aliko Dangote’s industrial complex in the commercial capit... Read more
International Monetary Fund chief Christine Lagarde told Nigerian lawmakers on Wednesday the IMF does not support foreign exchange restrictions, a policy option Abuja took after prices for i... Read more
The Securities and Exchange Commission (SEC) has disqualified 24 Capital Market Operators (CMOs) for noncompliance and/or the inability of the audit firms to substantiate their claims of com... Read more
Union Bank of Nigeria Plc has unveiled four of its recently redesigned and more modern branches in Lagos state, in its bid to continue to deliver superior banking experience to its customers... Read more