Business and Economy

The Central Bank of Nigeria’s Monetary Policy Committee has retained the Monetary Policy Rate (MPR) at 11.5% and kept all other parameters unchanged.CBN Governor...

Elon Musk, CEO of Tesla and SpaceX, continues to remain the world’s wealthiest person. Tesla shares surged at the end of the trading week,...

The Nigerian equity market closed negative on Thursday, reversing the previous day’s gains. The NGX-All Share Index fell to 47,353.22 points from 47,364.46 points,...

African Export-Import Bank (Afreximbank) has announced the finalisation of a 207 million dollars facility granted by Nippon Export and Investment Insurance (NEXI), the state-owned...

The Abuja Electricity Distribution Company (AEDC) says it is experiencing cases of serious vandalism around its infrastructure, causing outages in some areas in...

The Nigerian Exchange Ltd., (NGX) closed on a downward note on Friday occasioned by loss in 20 stocks, as market capitalisation depreciated by N38...

Nigerian Economist and businessman, Tony Elumelu on Thursday lamented over the worsening electricity, hike in prices of diesel, and its effect on businesses in...

Nigeria’s consumer price index, (CPI) which measures inflation has increased to 15.70 per cent for the month of February.This is according to the National...

By Isaac Kertyo In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria has released guidelines...

Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market.The figure is lower by N3 or...