Economy

Despite resumption of forex sales to Bureau de Change operators, the Nigerian currency slumped in the parallel market Thursday. Checks by Premium Times showed that the naira exchanged to the dollars at N440 in Lagos, down...

The significant decline of Nigeria’s foreign exchange earnings as well as revenue accruable to the federation account have persisted due to declining crude oil prices at the international market, the Governor of the Central Bank of...

This is an indication that these countries, including Nigeria, are making an effort to bridge the financial inclusion gap after signing the Maya Declaration in 2011. Premium Times reported that Nigeria made a commitment under the...

Despite the crash in national and global economic activities attributed to the pandemic, the non-oil sector of the Nigerian economy has continued to record a significant increase in collectable tax revenue, the Federal Inland Revenue Service...

In an online media conference in Abuja to present an update on its business, Ms Olusola said the management of the hotel cannot continue to sustain over 1,000 permanent and over 500 contract staff with over...

The corporation disclosed this in its Monthly Financial and Operations Report (MFOR) for the month of July released in Abuja on Thursday. According to a release by its spokesperson, Kennie Obateru, the corporation attributed the 858...