Economy

Nigeria’s economy will  grow by 2.1 per cent for three consecutive years covering 2020, 2021 and 2023, the World Bank has predicted. The report which also showed that Kenya would …

The solid minerals sector contributed N52.75 billion to federation revenue in 2017, a 21% increase on the N43.22 billion contributed by the sector in 2016. The information and data followed …

Federal Government has no plans to tap the international debt market this year due to the time constraints before the end of its budget cycle, the head of the government’s …

Central bank on Friday injected $325.5 million and 14 million yuan renminbi ($1.98 million) into the market an effort to keep it stable and prevent shortages. A central bank spokesman …

The foreign exchange restrictions placed on 43 items by the Central Bank of Nigeria (CBN) on Tuesday drew criticism from the International Monetary Fund (IMF). The policy is holding back …

The Central Bank of Nigeria (CBN) defended the naira with $8.28 billion through its direct intervention within the first six months of this year, according to its half year report. …

CBN Governor Godwin Emefiele No room for money changers in the banking sector of the financial economy, the Central Bank of Nigeria (CBN), told banks on Tuesday. CBN Governor Godwin …

Central bank held its benchmark interest rate at 13.5%, its governor Godwin Emefiele said on Friday. Most analysts polled by Reuters had predicted the central bank would ease in September, …

The Central Bank of Nigeria on Tuesday said that the nationwide implementation of the cashless policy will begin by March 2020. The apex bank said this in a circular to …

The trading floor of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotunde Nigerian stocks extended gains on Monday, rising to a more than one-month …