Overnight lending rate more than doubled to a new record high of 70 percent on Monday amidst a cash squeeze...
The United Nations children’s agency UNICEF declared 2014 a devastating year for children on Monday with as many as 15...
Lafarge Africa will make an offer on Wednesday worth about $122 million to buy out minority shareholders in its Nigerian...
The volume of Non-Performing Loans (NPLs) in the Nigerian banking sector increased by N38.05 billion, some 13.30 percent, to N324.14...
Nigeria, the largest economy in Africa, is lagging behind Ghana, Mali, Kenya, Tanzania and Sierra Leone in budget processes and...
As the deadline for the Millennium Development Goals (MDGs) approaches, the Federal Government is likely to achieve only three of...
The Central Bank of Nigeria (CBN) has called on banks and Development Finance Institutions (DFIs) to join hands with the...
The Federal Government’s bond prices are expected to drop further this week as investors switch to money market instruments for...
The performance of the Nigerian stock market year-to-date (YtD) is worst than three other major African stock markets. The other...