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The declining fortune of the naira in the Investors and Exporters (I&E) window is expected to continue this week even as the Central Bank of Nigeria (CBN), in a bid to defend the nation’s currency injected $540 million into the window in July.g
Analysts have presented different possibilities for the Nigerian economy after the February and March elections, with most of them saying that a change in political leadership would most likely inspire hope and engender economic growth.
As the National Bureau of Statistics (NBS) releases its December 2018 inflation figures this week, leading research firms in the country, FSDH Research and Financial Derivatives Company (FDC), said in their forecasts at the weekend that the nation’s inflation rate for December 2018 would increase.
Should oil prices continue to decline and fall below Nigeria’s Medium Term Expenditure Framework (MTEF) benchmark of $60 per barrel, the impact on the country’s economy could include the naira depreciating to $380/$, analysts at Financial Derivatives Company (FDC) have predicted.
The major sponsor of the Nigeria Football Federation, AITEO Group, has threatened to withdraw its support for the federation if the ongoing crisis plaguing the football administration in the country is not resolved.
The leadership of the Nigeria Football Federation (NFF) led by Amaju Melvin Pinnick, has refuted claims of corruption leveled against it and insisted that it has no formal invitation to face any anti-corruption agency.
Some Ugandan MPs have rejected the cash released by Parliament to facilitate consultations on a bill seeking to scrap presidential age limit.
Uganda's opposition leader Kizza Besigye was arrested again Wednesday just five hours after being charged with inciting violence and released on bail, a leader of his political party told AFP.
Uganda’s parliament on Wednesday took the first step towards scrapping the presidential age limit that would allow long-standing ruler Yoweri Museveni to stay in power.
Nasarawa State Governor Abdullahi Sule has signed about four hundred Certificates of Occupancy since assumption of office on May 29th.
The Action Alliance in Kogi State on Saturday unanimously adopted a United States-based medical practitioner, Samuel Audu Alfa as its candidate in the November 16th governorship election.
French President Emmanuel Macron hosted his US counterpart Donald Trump for a previously unscheduled lunch Saturday ahead of the official opening of the G7 summit in southwest France.
At the 2-day presidential retreat that preceded the inauguration of new ministers, President Muhammadu Buhari apprised the appointees on the enormity of the tasks ahead.
Vincent Kompany faces weeks on the sidelines after suffering another hamstring injury as his Anderlecht team lost again to continue their winless start to his managerial debut, according to reports.
Team Nigeria’s search for first medal at the 12th African Games continues today as six Taekwondists and two boxers will be in action in Rabat.
The Kwara state police command on Tuesday arraigned a second class monarch from Odo-Owa, Oke-Ero local government area, Oba Joshua Adeyemi Adimula for alleged trespass to land and threat to life.
The management of Total Nigeria Plc has announced the appointment of a new director.
The Federal Capital Territory (FCT), Police Command, has debunked the video being circulating on the social media where a young Igbo man was set ablaze by some irate Muslim youths in Abuja.
Governor Abdullahi Sule of Nasarawa State has said there is no going back on RUGA programme of the federal government in Nasarawa state, insisting that it remains the surest way to end farmers and herders clashes.