Professor Charles Soludo, a former Governor of the Central Bank of Nigeria (CBN), has said that the present government inherited a bad economy. “To be fair,...
The Nigeria Communication Commission (NCC) on Thursday said the Commission and Central Bank of Nigeria (CBN) had moved to intervene in the Etisalat loan issue. The...
Nigeria’s total debt rose to 17.36 trillion naira ($56 bln) as of December 2016 from 12.60 trillion naira a year earlier, the Debt Management Office said,...
Nigeria unveiled a sweeping economic recovery plan on Tuesday, including measures to reduce its dependence on oil and to relax foreign exchange restrictions, in a drive...
Assets held by Nigeria’s sovereign wealth fund almost doubled to 413.63 billion naira ($1.36 billion) by the end of the third quarter of 2016 from the...
Central Bank of Nigeria (CBN) took a step nearer to outright devaluation of the naira currency on Tuesday, providing 23 commercial banks with a combined $370.8...
ntel, Nigeria’s most advanced 4G/LTE mobile network operator has formally announced the commencement of commercial operations in Port Harcourt, Rivers State. In a letter to Port...
Nigeria’s Communications Minister Adebayo Shittu has urged South Africa’s MTN to list its shares on the local stock market. Speaking to MTN executives at an event...
Central Bank of Nigeria (CBN) has rolled out its plan to sell $1 million weekly to each of the country’s 21 commercial lenders at a rate...
Telecommunications companies in the country are looking to block calls via Skype and WhatsApp in a bid to generate revenue of up to N20 trillion, The...