ECONOMY

Nigeria Earned $206bn from Oil under Buhari’s regime - Nigeria, Africa’s top oil producer, generated $206.06bn in revenue from crude oil exports in the last five years, the Organisation of Petroleum...

Unclaimed dividends rise to N158.4b as Ghost’ investors get N100b - Unknown investors have amassed more than N100 billion in unclaimed dividends as capital market regulators search for investors that had...

CBN includes maize importers on forex ban list - The Central Bank of Nigeria (CBN) on Monday directed banks to stop processing new foreign exchange documents (Form M) for maize imports....

Experts brainstorms on How to save the Naira - On Tuesday, the Central Bank of Nigeria, CBN, adjusted the value of the Naira to exchange to the dollar at N381, as...

CBN devalues naira to 380.5 in official market as rate unification looms - The Central Bank of Nigeria (CBN) yesterday moved closer unifying the exchange rates in the official market and...

Analysts predict Official naira exchange rate may hit N430/$ - The nation’s official exchange rate may fall to N430 to the dollar by the end of 2020, United Capital Plc, a...

CBN debits banks N122bn, moves to unify exchange rates - The Central Bank of Nigeria debited N122bn ($338m) from banks’ excess cash with the apex bank before weakening the currency at...

Anxiety rise over naira devaluation - As uncertainties over further devaluation of the naira by the Central Bank of Nigeria (CBN) continues, foreign exchange traders are threading cautiously with their funds,...

CBN under more pressure to devalue Naira as demand gap widens - The Central Bank of Nigeria (CBN) may be forced to further retract its defence and depreciate the naira as...

COVID-19: 5m Nigerians to slide into poverty as worst recession looms - The World Bank has urged Nigerians to brace for the worst recession since the 1980s. According to the blobal...