Investors gained N1.93 trillion in two consecutive trading days as the stock market rose to the highest level since 2008, driven by positive responses to policy...
There are indications that banks are reaping huge returns from the rising interest rate environment following Central Bank of Nigeria, CBN, inflation targeting interest rate regime....
The Central Bank of Nigeria, CBN, says customers of Deposit Money Banks have received N115.45 billion and $22.7 million, respectively, as refunds from failed transactions in...
The Central Bank of Nigeria, CBN, has reiterated its commitment to encouraging youth entrepreneurs to learn new skills and create micro-enterprises to boost the country’s economy....
Some housewives in the Federal Capital Territory, Abuja on Sunday said they have ditched tomatoes for their stews and other sauces as cost skyrockets. The residents,...
The Chinese Navy Escort Task Group (ETG) 162, comprising MSL Destroyer NANNING, MSL Frigate SANYA, and Supply Ship WEISHANHU, on Sunday visited Nigeria to strengthen bilateral...
The World Bank has said the decision by the previous administration to subsidise the price of petrol hindered the development of e-mobility and use of alternative...
The Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated by 0.82 per cent when compared...
Oil marketers have projected that the pump price of petrol could rise above N700 per litre in Northern Nigeria starting from July. The National Controller Operations,...
The Central Bank of Nigeria, CBN, has placed a N50,000 daily limit on contactless payments either through bank accounts or digital wallets. The apex bank also...