Economy

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  Naira weakens to N229/$ as dealers hold on to USD

  The naira reversed its gains against the US dollar on the parrallel market yesterday...

  • Posted August 6, 2015
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  Naira now 216 on banks’ dollar rejection

  The naira rose further from 222 to 216 at the parallel market on Monday...

  • Posted August 5, 2015
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  Obama challenges Nigeria, others to reverse brain drain

  The United States President, Barack Obama, on Monday said it was the responsibility of...

  • Posted August 5, 2015
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  Naira to rise further as banks reject dollars

  The United States dollar will further tumble against the naira at the parallel market...

  • Posted August 4, 2015
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  574,498 Nigerians joined labour market in H1 – NBS

  The National Bureau of Statistics on Sunday said a total of 574,498 active people...

  • Posted August 4, 2015
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  CBN defends naira with $4.9bn in three months

  The efforts by the Central Bank of Nigeria to stabilise the naira at the...

  • Posted August 3, 2015
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  Why external reserves can’t be depleted for salaries, infrastructure – CBN

  The Central Bank of Nigeria (CBN) has said it is impossible to utilise the...

  • Posted August 3, 2015
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  Falling naira: Manufacturers cut production by 50%

  Some manufacturers have cut production by more than 50 per cent as the sector...

  • Posted August 3, 2015
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  Lagos, engine room of Nigeria’s development – Ambode

  Lagos State Governor, Mr. Akinwunmi Ambode, has described the state as the engine room...

  • Posted August 3, 2015
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  Naira rebounds in parallel market as banks reject dollar deposits

  The naira, which had fallen sharply in the parallel market, staged a major recovery...

  • Posted August 1, 2015
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