Nigeria, June 5 -- The Nigerian federal government collectively spent more than N23 billion on foreign exchange for the President, Vice President, First Lady, and other senior executive officers durin... Read More
Nigeria, June 5 -- The largest US bank, JPMorgan Chase, is embarking on a daring push into the new world of virtual currencies. In a move that bears witness to increased institutional acceptance of c... Read More
Nigeria, June 4 -- There is a fiery war in Nigeria's mobile banking. Telecommunication service providers and commercial banks are locked in a struggle to determine who is the boss when it comes to how... Read More
Nigeria, June 4 -- The Nigerian equities market continued its bearish trend on Tuesday. Rising investors' confidence and higher appetite for purchases propelled the market capitalization to its lifet... Read More
Nigeria, June 4 -- To arrest the growing threat of deadly floods in the nation, the National Emergency Management Agency (NEMA) responded vehemently by deploying sensitization teams to 15 risk states.... Read More
Nigeria, June 3 -- Gold surged over $3,350 an ounce in early morning trading Monday as global uncertainties from a new wave of United States-China trade tensions to military tensions rising in Eastern... Read More
Nigeria, June 3 -- With the June 3, 2025, deadline given by the Central Bank of Nigeria to BDC operators to recapitalize finally gone, pressure has been mounting on what will become of the industry, m... Read More
Nigeria, May 30 -- A fresh wave of currency devaluation will hit big African economies in 2025 as Nigeria's naira is projected to decline by at least six percent against the US dollar. The finding, i... Read More
Nigeria, May 30 -- The African Development Bank (AfDB) is entering the future with a new generation of leadership as it selects its incoming president, Dr Sidi Ould Tah. The veteran Mauritanian-born ... Read More
Nigeria, May 30 -- Shell Nigeria Exploration and Production Company Limited (SNEPCo) took a giant stride towards cementing its hold on Nigeria's deepwater oil sector with the $510 million high-cost ac... Read More