Nigeria's over-reliance on oil as its major source of revenue and failure of successive administrations to build…

The World Bank on Wednesday said Nigeria and six other countries were responsible for two-thirds of…

The Naira closed stronger against the United States Dollar at the Investors and Exporters (I&E)…

The Federal Government has granted approval for the establishment of the Escravos Seaport Industrial Complex, ESIC,…

The Bank of Canada set the taper ball rolling last week, becoming the first major central bank to cut…

The Senate, on Wednesday, passed the Asset Management Corporation of Nigeria Amendment bill. The passage of the…

Lagos State Government, yesterday, expressed dissatisfaction over the current traffic congestion in Apapa and its…

Banks have injected N4.56 trillion into the economy as loans through private sector operators in the last 12…

Vice President Yemi Osinbajo, says Nigeria cannot afford another civil war because it will not augur well for the…

The Bank of Canada is expecting strong consumption-led growth in the second half of the year as vaccinations…

Oil prices were steady on Wednesday as support coming from forecasts of a recovery in global fuel demand was…

Palladium is the most valuable of the four major precious metals, with an acute shortage driving prices to records…

The world’s worst Covid-19 outbreak in India risks fanning price pressures, threatening to limit options for the…

After selling off throughout the month of April, the greenback finally rebounded on the eve of the Federal…

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Interregional Coordination Centre (ICC),…

China’s expanding hog herd is vacuuming up the world’s feed grains and forcing traders to dip into wheat reserves,…

The price of dogecoin has shot up after technology billionaire Elon Musk referred to himself as “The Dogefather”.…

The Central Bank of Nigeria injected $1.47bn into the foreign exchange segment of the market as part of its efforts…

Constrained global financial conditions caused by COVID-19 have led to massive portfolio outflows from Africa,…

A member of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), Prof. Mike Obadan, has said the…

As West African countries continue to dilly-dally on the adoption of a common currency, a former diplomat has…

The National Bureau of Statistics (NBS) yesterday said in the Fourth Quarter (Q4) 2020, total transactions recorded…

The dollar hovered near multi-week lows versus major peers on Tuesday, weighed by subdued Treasury yields ahead of…

As the largest recipient of remittances in sub- Saharan Africa and indeed the seventh largest among low and…

The total commercial loans to the government, at all levels, rose to N1.77 trillion at the close of last year,…

The central banks of the the euro zone, Britain, Japan and Switzerland said on Friday they would discountinue a…

The price of bitcoin has plummeted $15,000 from its recent all-time high, falling below $50,000 for the first time…

Director of the Indonesian Trade Promotion Centre, Hendro Jonathan, said Nigeria exported goods worth 700…

The country spent $160m from its foreign exchange on food importation in January according to figures obtained from…

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) on Wednesday intercepted 42 drums of…