Naira continues to struggle
The Naira continues to struggle, declining by one naira on the black market over the weekend.…
Nigeria overnight rate hits 150%
Nigeria's overnight interbank rate was quoted at a record high of 150 percent on Tuesday, two days after lenders placed funds with the central bank to participate in last Friday's currency forward…
Nigeria, World Bank seal $1.3bn SMEs deal
Nigeria has secured a 1.3 billion dollars commitment from the World Bank to support support small scale businesses…
NNPC plans virtual pipeline to improve gas supply
The Nigerian National Petroleum Corporation is looking to employ a virtual pipeline technology to improve the supply of gas to thermal power plants.…
West Africa’s retail penetration growth disappoint compared to S.A – Expert
Commercial property services company Broll, says retail penetration in West Africa is less than 5 per cent compared to South Africa which is estimated at 60 per cent.…
Growing Nigeria’s creative economy
Despite a contraction in Nigeria's second quarter GDP, activity in the arts, entertainment and recreation sector contributed 0.26 per cent a rise from the 0.24 per cent, in the second quarter of…
How Nigerian SMEs can survive recession
Small and Medium Scale enterprises in Nigeria would need to build sustainable structures if they are to overcome the current economic challenges facing the country.…
Naira sustains gain on parallel market
Earlier this week, the Central Bank of Nigeria reviewed the exchange rate for remittances from N350 to N370 against the dollar.…
Nigeria’s National assembly to pass 11 bills for quick economic recovery
Nigeria's Senate President said 11 out of the 45 draft bills at the National Assembly will be passed into law before the end of the year, and said the bills are critical…
How can Nigeria stop the terror attacks, kidnappings?
As the fight against Boko Haram in Northern Nigeria and militancy in the Nigeria's oil producing south rages on, cases of kidnappings are on the rise.…
Bargain hunting lifts Nigeria stock market
The NSE All share index started the week on a positive note, gaining 0.3 per cent to close at 27,925.3 points. Ibraheem Babalola, Investment Research Analyst at Afrinvest joins CNBC Africa to…