Naira hits 8-month low as firms hedge currency risk
The naira eased to an 8-month closing low of 165.55 against the dollar on Tuesday, due to strong dollar demand from...
- Monday, June 15, 2026
BusinessDay
The naira eased to an 8-month closing low of 165.55 against the dollar on Tuesday, due to strong dollar demand from...
Royal Dutch Shell has signed sales and purchase agreements for all the Nigerian oil assets it put up for sale...
The minister for Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, said on Tuesday she expected economic growth for 2015 to...
Nigeria’s sovereign wealth fund said its investment programme over the next six months, including on infrastructure, will go ahead, even...
The Central Bank of Nigeria (CBN) may penalise Micro-Finance Banks (MFBs) that charge above nine per cent on loans obtained...
The International Monetary Fund (IMF) has warned African countries against rushing to issue Eurobonds, saying they may face exchange rate...
General Electric Company picked up two awards at the 2014 Africa Investor (Ai) Investment and Business Leader Awards. GE Africa,...
The World Health Organization’s emergency committee on Ebola will meet on Wednesday to review the scope of the outbreak and...
South African Olympic athlete Oscar Pistorius has been sentenced to a maximum of five years in jail for the culpable...
China has contributed six million U.S. dollars to the UN World Food Programme (WFP) to support the agency’s emergency operation...