Economy

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 …

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 …