The value of the naira last week weakened slightly against the dollar as N1.573 billion flowed into the foreign exchange market from both the Central Bank...
As the Central Bank of Nigeria (CBN) strives to redress the issue of mutilated naira notes in circulation, MARK ITSIBOR writes that allowing alternative payment channels...
Senate yesterday commenced investigation into protracted non-availability of the lower Naira denominations. The Upper Chamber said it has found that banks in the country no longer...
A Federal High Court sitting in Lagos has ordered that the Nigerian Agip Oil Company (NAOC) take over the operations of the OYO Field in OML...
Electricity generation in the country is facing fresh threat as Generating Companies (GenCos) have foreseen a gradual shut down of thermal plants that are powered by...
A whopping N432bn ($1.2 billion) is needed for the total rehabilitation, completion and commissioning of the Ajaokuta Steel Company limited. Of the total sum required, $513...
