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Nigeria FX traders widen spreads after black market naira rally

By Chijioke Ohuocha LAGOS, March 23  - The gap between what traders bid and offer for Nigeria's naira on the black market has widened following...

Nigeria’s Central Bank Retains Key Interest Rate at 14% as Inflation Remains Outside Target

Economy contracted for the first time in 25 years in 2016 Nigeria left its benchmark interest rate unchanged for a fourth consecutive meeting to...

World Bank Says Days of Telling Africa What to Do Are Over

Lender trying to find win-win situations in financing G20 discussed the need to rethink development finance The days of debt crises and the World...

Agriculture pulling Nigeria out of recession – Presidency

The presidential spokesperson, Garba Shehu, says efforts to get the nation out of its present economic challenges are beginning to yield positive results, especially...

Nigerians, APC Leaders Are Not Happy With You, El-Rufai tells President Buhari

Kaduna State Governor Nasir El-Rufai in September 2016 sent a powerful memo to President Muhammadu Buhari arguing that their party, the All Progressives Congress...

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