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29 Oct, 2015

There is indication that the Federal Government may have effected a massive cut in the 2015 economic growth rate projections amidst faltering economic performance...

23 Oct, 2015

Nigeria plans to increase electricity rates by as much as 40 percent for some customers next month as a fall in the value of the naira and rising costs hinder...

23 Oct, 2015

Guinness Nigeria Plc has reported a 76 per cent year-on-year drop in the three months ended September 30, 2015.

The...

23 Oct, 2015

The World Bank has said it is lowering its 2015 forecast for crude oil prices from 57 dollars per barrel in its July report to 52 dollars per barrel.

23 Oct, 2015

The World Bank has said it is lowering its 2015 forecast for crude oil prices from 57 dollars per barrel in its July report to 52 dollars per barrel.

22 Oct, 2015

Nigeria’s government plans to split an oil-industry bill stuck in parliament for seven years and resubmit it to lawmakers after it held up reforms and...

22 Oct, 2015

The Central Bank of Nigeria’s ban on importers of some items from accessing foreign exchange from the official forex market has made it difficult for a...

22 Oct, 2015

Nigeria's overnight lending rates and yields on long term bonds rose on Wednesday after commercial lenders pre-funded their accounts with the central bank for...

16 Oct, 2015

The Consumer Price Index (CPI) which measures inflation increased mariginally to 9.4 per cent in September compared to 9.3 per cent in the previous month,...

16 Oct, 2015

Nigeria’s crude oil production has increased by 34,000 barrels per day (bpd) from the 1.865 million bpd in the month of August to 1.9 mbpd in September,...

14 Oct, 2015

Proceeds from Nigeria's oil receipts fell by two-thirds between September 2014 and July this year, the state oil company in Africa's top crude producer said on...

14 Oct, 2015

Africa needs about N100 billion  yearly to address its infrastructural challenges, the President, African Development Bank  (AfDB), Dr. Akinwunmi...

14 Oct, 2015

The Central Bank of Nigeria (CBN) strengthened its exchange rate peg slightly to N196.98 against the dollar on the interbank market on Monday, from N197 to a...

09 Oct, 2015

Barclays will consult with its index users on whether Nigeria's sovereign debt should remain in its emerging market local currency government bond benchmark, the...

09 Oct, 2015

The International Monetary Fund (IMF) has forecast a four per cent growth rate for Nigeria’s Gross Domestic Product (GDP) in 2015, as the country continues...

08 Oct, 2015

Rashidat Adebisi, the Chief Financial Officer of AXA Mansard won the CFO of the Year in the Insurance category at the 2015 Nigerian CFO Awards held on Friday,...

06 Oct, 2015

Nigeria lost about N757.44bn in transactions with other countries in the first quarter of the year, the World Bank has said.

The bank said this in a report, Africa Pulse, which...

06 Oct, 2015

President Muhammadu Buhari on Monday promised that the 2016 budget being prepared by his administration would be specially designed to encourage the diversification of the nation’s...

02 Oct, 2015

The Legal Team of AXA Mansard Insurance plc has emerged Best In-House Legal Team in the Insurance category at the ESQ Nigerian Legal Awards 2015, which held on...

02 Oct, 2015

Vice-President Yemi Osinbajo has said Nigeria cannot change its foreign-exchange rules to satisfy portfolio investors, giving support to the central bank’s currency controls.