Economy

Vice President  Yemi Osinbajo Vice President  Yemi Osinbajo says the Federal Government has commenced the process of establishing clusters for small businesses in the 36 states of the federation and …

Minister of State for Petroleum Resources, Timipre Sylva, says that Nigeria will cut down on its crude oil production to comply with the targets set by the Organisation of Petroleum …

The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into interbank segment of the Foreign Exchange Market following sales concluded on Tuesday. The bank’s Director, Corporate Communications …

The Nigerian naira weakened to 364 per dollar on Friday, from a quote of 363.50 the previous day as falling oil prices tightened liquidity on the currency market, traders said. …

Investors in equities have lost N1.38 trillion over the past seven months as the onset of the first half earnings season failed to sustain expected recovery at the stock market. …

Nigerian equities traded almost on the balance last week as first-half earnings renewed investors’appetite for quoted shares. Benchmark indices at the Nigerian Stock Exchange (NSE) showed a marginal drop of …

Private capital inflows are, on average, as important now to the economies of the world’s low-income countries as foreign development assistance, according to a study published on Wednesday by the …

Nigerian equities rode on the back of renewed bargain-hunting to a major recovery yesterday, rallying N163 billion gains in its second positive closing in eight trading sessions. With increased demand …

Inflation dropped to 11.22 per cent last month, compared to 11.40 per cent in May, the National Bureau of Statistics (NBS) announced yesterday. A separate food price index showed inflation …

The lending policy of the Central Bank of Nigeria (CBN) will normalise the credit markets, spur economic growth and broaden the interface between entrepreneurs and the banking industry, the Lagos …