Business

Nigeria’s exports appreciated by 59.9 per cent between 2016 and 2017, the Federal Government said yesterday. Tax revenue jumped by 51 per cent last year. Vice President Yemi Osinbajo and …

Oil prices steadied yesterday after slipping  prices  on concerns that Saudi Arabia and Russia will pump more crude in response to falling global crude inventories and rising consumer prices. Saudi …

The Central Bank of Nigeria (CBN) has made public, the deposit and lending rates obtainable in commercial and merchant banks. In a CBN report titled: ‘Deposit and Lending Rates in …

A Starbucks employee reacts to media coverage outside a store, beside a notice stating “We’re Closing Early On May 29,” before more than 8,000 branches nationwide will close this afternoon …

Bureaux de Change (BDCs) operators yesterday rejected Central Bank of Nigeria’s (CBN’s) directive that operators make at least three dollar purchases weekly or be sanctioned. The apex had also threatened …

Nigerians travel-ling overseas can now heave a sigh of relief following the release of new Central Bank of Nigeria (CBN) directives that make it much easier for people in this …

A British judge ruled on Thursday that Nigeria’s Bodo community, which has been involved in a protracted legal battle with Shell over the clean-up of two 2008 oil spills, should …

Oil’s contribution to Nigeria’s Gross Domestic Product (GDP) remains below 10 per cent in Q1 figures released yesterday by the National Bureau of Statistics(NBS) in Abuja. According to the NBS, …

The Nigeria-China currency swap deal will not  stifle local companies and make the country a dumping ground for Chinese goods, the Central Bank of Nigeria (CBN) said yesterday. The 41 …

The Central Bank of Nigeria (CBN) has once again called on Nigerians to handle the Naira with care, as it was a symbol of the nation’s identity and pride. The …