Business & Economy

The currency market registered $327 million worth of trades yesterday, about six times more than its usual volume, the Central Bank of Nigeria (CBN) has said. This is coming as …

Federal Government retained revenue for the second quarter of this year stood at N677.88 billion, the Central Bank of Nigeria (CBN) Economic Report for the second quarter released yesterday said. …

The National Insurance Commission (NAICOM) has asked the 59 insurance firms in the country to report the capital needs of their businesses in a financial condition report in preparation for …

Nigeria Liquefied Natural Gas Limited (NLNG) earnings this year may drop by as much as $6 billion over 50 per cent, compared to 2014 earnings. The firm’s Managing Director, Babs …

The Central Bank of Nigeria (CBN) has accused commercial banks of compromise in the ways they handle proceeds from international money transfer inflows into the country. A circular to banks …

Dominick Ruiz sat at the kitchen table in his parents’ townhouse and held up the Kanye West Adidas 750 Boost size 8 like they were crown jewels. He bought them …

Minister of Finance, Kemi Adeosun Allocations to the three tiers of government after the monthly Federation Account Allocation Committee (FAAC) meeting yesterday dropped to N443.663 billion. Last month’s allocation of …

United Bank for Africa (UBA) Plc shareholders have got some good news.  The board of directors has recommended payment of N7.26 billion  as interim dividends for the first half of …

The Nigerian Export Promotion Council (NEPC) is working out modalities to include women in export activities that will bridge the gender gap and reduce poverty. The move is anchored on …

The Federal Government will base the 2017 budget on an oil price benchmark of $42.5 per barrel. Oil price currently stands at about $48.9 per barrel. This is one of …