CBN: ‘Dr. Isa Abdulmumin is Our New Spokesman’

We are pleased to announce that the Central Bank...

Irish LCC Ryanair has once again proven itself a...

R-L: Vice President, Professor Yemi Osinbajo and Group Chairman,...

​The annual Nigeria LNG Limited (NLNG)-sponsored science quiz competition...

Stanbic IBTC Capital, the investment banking subsidiary of Stanbic...

There is need for Nigeria to seriously rethink her Forex policy to spur investment and quicker economic recovery. At the same time, the country recorded growth of only 3.96% y/y in Q1, 2015, down from 5.9% in Q4-2014, according to Razia Khan, Economist at Standard Chartered Bank, London. She said Nigeria’s oil sector contracted by 8% y/y in Q1, following growth of 1% in the previous quarter. “Decelerating growth was seen across most sectors in Q1, with the exception of crop production. Q2 growth may be slower still, reflecting a slowdown in activity around the elections, and the transition to a new government.”

The African Development Bank (AfDB) announced in a statement...

A Federal High Court, sitting in Lagos today struck...