Business News
The World Bank has raised its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. The hike in oil price forecast for next year is […]
The interbank lending rates which is the rate at which banks lend amongst themselves soared to an all time high of 128 per cent from 70 per cent last week […]
As part of efforts to manage the dollar crisis, Deposit Money Banks in Nigeria have sent out messages to their customers notifying them that they cannot use their Naira debit/credit […]
As many Nigerians excitedly log in and fill membership forms on the website of MMM-Nigeria, they should perhaps have taken a minute to think about the long string that runs […]
The naira continued its appreciation on the parallel market yesterday as it climbed to N468 to the dollar from N470 to the dollar the previous day, following the implementation of […]
The naira continued to gain strength as the business opened for the week selling between N460 and N465 to the dollar at the parallel market even as it is expected […]
Nigeria and other countries are to enjoy zero interest rates on all concessional facilities of the International Monetary Fund (IMF) until 2018. IMF’s Managing Director, Ms Christine Lagarde, disclosed this […]
Having crashed to a low of almost N500 to the dollar in recent weeks at the parallel market, the naira is seen appreciating next week as bureau de change operators […]
The Federal Government is demanding $406.75 million from Shell Petroleum Development Company of Nigeria Limited and its subsidiary, Shell Western Supply & Trading Limited, over alleged crude oil theft. The […]
Nigeria plans to raise N5.2 billion from taxes next year, Federal Inland Revenue Service (FIRS) Executive Chairman Babatunde Fowler, said yesterday. He also said the agency has a target of […]
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