Jonathan Assures Nigerians Of Stabilizing Domenstic Economy Despite Drop In Oil Price
President Goodluck Jonathan has assured Nigerians and foreign investors that the Nigerian economy will remain stable despite the drop in global oil prices.
President Jonathan...
Fall In Crude Prices: OPEC Members Begin Serious Competition For Markets, Diezani Confirms
President of Organization of Petroleum Exporting Countries (OPEC) and Nigeria's Petroleum minister, Diezani Alison-Madueke has confessed that with the fall in crude oil prices...
Fraud Stars Dupe Nigeria Banks N21.7 Billion In 2013– Deposit Insurance Corporation
The Nigeria Deposit Insurance Corporation has announced the loss of N21.7 Billion to bank frauds in 2013 financial year with a total of 3,756...
OPEC Elects Nigeria’s Diezani Alison-Madueke Alternate President
Nigeria's Minister of Petroleum Resources Diezani Alison-Madueke has emerged as alternate President of the Organization of the Petroleum Exporting Countries (OPEC). She was elected...
More Trouble Looms As Oil Prices Slump Again
The price of oil slumped after the oil producers’ under the Organisation of Petroleum Exporting Countries (OPEC) decided not to cut output at its...
Naira In A Mess After CBN Devalued It
Nigeria's naira is now in a mess as it attained a ridiculous low against the dollar today, a day after the Central Bank of...
Nigeria’s Central Bank Devalues Naira
The Central Bank of Nigeria has devalued the Naira by N13 saying that the move is part of efforts to strengthen the nation’s economy.
CBN...
Naira Nose-Dives Against Dollar, As CBN’s Effort Fails
Nigeria’s naira has weakened to a record low against the dollar despite the promises made by the Central Bank of Nigeri (CBN) to defend...
Governor Uduaghan Writes-Off Interest On CBN’s N2 Billion Fund For Beneficiaries
Delta State Governor, Dr. Emmanuel Uduaghan has announced that state government will pay off the 9 percent interest of N180 million on the N2...
Nigeria Rolls In Debt Again With Total Stock At $10 Trillion
The federal and state governments have in the last one year borrowed no less than N2.52 trillion, the latest data released by the Debt...
