Business

The Central Bank of Nigeria (CBN) plans to increase the flow of credit to the real sector of the economy to consolidate and sustain the nation’s economic recovery. To this …

Brent oil rose to approximately 74 dollars a barrel on Wednesday as an industry report showing a drop in U.S. crude inventories and U.S. sanctions on OPEC producer, Iran, pointed …

The total loans granted by Nigerian banks to the private sector declined from N16 trillion in the first quarter of 2017 to N15.34 trillion in the second quarter of 2018, …

New data from the advisory power team in the office of Vice-President Yemi Osinbajo has shown that the power sector has lost N324.3billion this year, due to gas constraints and …

The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line with the regulator’s determination to meet foreign exchange demands at the retail …

Nigeria attracted $5.5 billion capital importation between April and June, the National Bureau of Statistics (NBS) has said in a report. The NBS said flighty portfolio investors accounted for 74.7 …

Oil futures climbed yesterday, on track for a three-day winning streak, with United States (U.S.) sanctions on Iran contributing to concerns over tighter global oil supplies. Trade tension between the …

Doyin and Susan Foundation, an NGO, has facilitated loan of between N300,000 and N900,000 for 1,500 farmers in Kogi West Senatorial District under Anchor Borrowers Programme (ABP). Chairperson, Board of …

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said 40 per cent of the shares of the Corporation would be floated on the Nigerian Stock …

Nigeria and Korea Republic are committed to working together to achieve sustainable economic development in Nigeria, the Minister of State, Budget and National Planning, Mrs. Zainab Ahmed has said. She …