Economy

By John Ikani  The Central Bank of Nigeria (CBN) on Tuesday raised interest rates for local bank lending to 15.5%, its highest level yet, just two months after it was pegged at 14%. This was in...

By John Ikani Exactly six years ago, Engr. Simbi Kesiye Wabote was appointed as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) by President Muhammadu Buhari (GCFR). One of Engr. Wabote's first...

By Enyichukwu Enemanna Abuja, the capital of Nigeria on Monday experienced a total blackout following the collapse of national grid, the 6th time since the beginning of this year. The last national system collapse was recorded...

By John Ikani The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Simbi Wabote, is six years in office today (Monday). In this interview with THISDAY's Ejiofor Alike and Peter Uzoho, Engr. Wabote...

By John Ikani The pound has fallen to its lowest level against the US dollar since decimalisation in 1971. In early Asia trade, sterling fell by more than 4 percent to $1.0327 before regaining some ground...

By John Ikani Mali's military-appointed prime minister on Saturday lashed out at France as well as the United Nations in a grievance-filled address over his nation's deteriorating security while praising the “exemplary” cooperation with Russia. Addressing...