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Egypt’s foreign-exchange reserves have overtaken Nigeria’s for the first time since 2011. The North African country, which floated the pound...

The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly referred to as the "Investors' and Exporters' FX Window", appears...

Mining industry is once again offering opportunities for investment as aggregate returns in the industry are looking north. According to...

Royal Dutch Shell Tuesday lifted the force majeure on exports from the Trans Forcados pipeline, which has been closed since...

A Power Sector Recovery Program (PSRP) document seen by Businessamlive has indicated that Nigeria’s power sector requires an estimated $1.5...

Nigeria’s weighting on the Morgan Stanley Capital International’s (MSCI) Frontier Market Index rose to 7.9% from 6.5%, following the recent...

Buoyed by the ongoing positive sentiments in the equities market and the need to cut down trade liabilities as well...

Economic recession, job lay-offs and a 0.6 percent rise in labour force helped push Nigeria’s unemployment rate to 14.2 percent...

*Introduces new spread limit of N1… The Central Bank of Nigeria (CBN) has banned authorized dealers at the foreign exchange...

Nigeria’s rising and diversifying oil trading company, Taleveras, along with international oil company, ExxonMobil and United Kingdom based Ophir, were...