Category: Local

The dollar exchanged for N412 on Monday at the Bureau De Change segment of the market. This followed a temporary…

The audited financial statement shows a turnover of N60.5 billion in the year under review. The figure is a decline compared to N92.89 billion recorded for the corresponding year, 2018.

Many countries in Africa are imposing lockdowns on their citizens as they race to curb the spread of coronavirus. But…

The Central Bank of Nigeria (CBN), on Monday, announced that all deposit money banks in the country and the Nigerian…

Four new cases of coronavirus have been reported in Nigeria. Of the four, three were recorded in Osun State and…

The latest development in the international oil market may have rendered inoperative the recently reviewed oil price benchmark for 2020…

U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered…

Fidelity Bank on has announced that it would close all its branches in Lagos, Ogun and the Federal Capital Territory…

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and the Central Bank of Nigeria Governor, Mr Godwin…

As part of its efforts to cushion the economic effects of the Coronavirus pandemic, the Federal government has granted a…

The federal government has drawn up a stimulus package to cushion the impact of the dreaded Corona Virus. Under the…

The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus…

Nigeria’s President, Muhammadu Buhari on Sunday announced a 14-day shut down of business, economic and social activities in Lagos State,…

  Fellow Nigerians, From the first signs that Coronavirus, or COVID-19 was turning into an epidemic and was officially declared…

The President, Major General Muhammadu Buhari (retd), has announced a total restriction of movement in Abuja, Lagos, and Ogun States starting tomorrow.…

The African Development Bank has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and…

The Nigerian National Petroleum Corporation and 33 of its partners in the oil and gas sector have contributed $30 million,…

The Ogun State Government has announced the closure of its borders with all neighbouring states and the international border with…

Lagos State Governor, Babajide Sanwo-Olu has unveiled an economic stimulus package for the indigent and the most vulnerable in the…

Despite the significant reduction in its official selling prices aimed at wooing buyers, Nigeria is still struggling to sell its…

Governor of Kaduna state, Mallam Nasir El-Rufai has tested positive for Coronavirus. The former FCT Minister revealed this on his…

All Progressives Congress stalwart, and former Governor of Lagos State, Bola Tinubu, has asked the Federal Government to stop collection…

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that Nigeria may go into recession if…

Singer David Adeleke, aka Davido, has said his fiancée, Chioma, has tested positive for coronavirus. The singer disclosed this via…

An aircraft operated by Air-France KLM on Thursday arrived at the Murtala Muhammed International Airport, Lagos to evacuate some European…

The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators. The…

The Nigeria Centre for Disease Control (NCDC) has confirmed 14 new cases of coronavirus in Nigeria. Total number of confirmed…

United Bank for Africa Plc (UBA) has donated over N5bn ($14 million) through the UBA Foundation, to catalyse a comprehensive…

Nigeria’s refineries under the management of the Nigerian National Petroleum Corporation incurred a total expense of N218.18bn in 2019. The…