The Nigerian currency exchanged at N422 to the dollar, gaining 3 points from N425 it traded on Thursday, while the Pound Sterling and the...

Prof. Riccardo and Mr. Kabiru Muhammad A United Kingdom, UK-based Company, MenaSAT Gulf Group Plc, has expanded collaborations with the...

Dangote, who was represented by Mr Abdullahi Sule, the company’s Group Managing Director in charge of sugar production, said the company...

Workers unload 42,494 tonnes of Thai rice at the Tanjung Priok harbour in Jakarta January 25, 2011. Indonesia’s state procurement agency...

The minister made the assurance ahead of his three-day visit to Nigeria, during which he will meet Vice President, Yemi Osinbajo. The...

The reinstatement of the banks was announced in Abuja on Wednesday by the CBN Director of Banking Supervision, Mrs. Tokunbo Martins. She...

President Buhari The Nigerian Bureau of Statistics, NBS, has disclosed that in the second quarter of 2016, a total of 4.58 million...

It, however, admitted that the inflation and unemployment rates in the country had remained high despite efforts by the current...

The report is claiming that Nigeria’s economy in the second quarter of 2016, shrank by 2.06 percent to record its lowest growth rate in...

At the beginning of August 2016, hundreds of IMTOs suspended their operations, leaving the Nigerian diaspora to rely on just three...

The new product is expected to force down the price of rice currently sold around N20, 000 per bag. “We are really excited about our rice...

Disclosing this in a statement on Tuesday, the acting Spokesman of the apex bank, Isaac Okorafor, said CBN was committed to providing an...

Purwanto made this known in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. He said that the signing of economic...

The CBN gave the directive to authourised dealers, mainly banks, on Friday in a circular signed by the Acting Director of Trade And...

This may not be unconnected to suspension of some banks from forex trading by the Central Bank of Nigeria, CBN. Traders said some bureau...

The bank also recorded a significant growth in total assets, rising 20% to N3.3 trillion, crossing the three trillion mark. Following the...

Charles Aigbe, Head, Marketing and Corporate Relations, in a statement said “we are pleased to inform our valued customers, stakeholders...

Some banks on Wednesday clarified their positions on the alleged suspension from the foreign exchange market transaction by the Central...

The National Orientation Agency (NOA) and the Central Bank of Nigeria (CBN) are collaborating to launch grassroots campaign against abuse...

The United Bank for Africa, UBA, has reacted to its alleged inclusion as one of the banks banned by the Central Bank of Nigeria, CBN,...