The naira continued its appreciation on the parallel market yesterday as it climbed to N468 to the dollar from N470 to the dollar the previous day, following the implementation of an arrangement that saw the intervention of Travelex in...

• Duty paid value N774.2m • Govt targets 2017 for rice sufficiency The Nigeria Customs Service (NCS), impounded 117,034 (50kg) bags of rice with duty paid value of N774,282,300 in the first three quarters of this year, the Comptroller-General, Col. Hameed...

Recently, at a world economic forum, WEF event, US Secretary of State, John Kerry told his audience how Nigerian military generals shared amongst themselves 9 billion dollars that had been set aside for purchase of arms to prosecute the...

• Considers $25b infrastructure fund • Debt profile hits N16.3 trillion • Amnesty fund rises from N20b to N65b For 2017, the Federal Government has proposed a budget of N6,866,335,052,740. The Presidency which formally informed the National Assembly of the proposal yesterday also...

• Prevents MTN from disconnecting 30 million Globacom subscribers • Operators lament negative impact of forex regime on sector A major crisis that could have resulted in the breakdown of service between Etisalat and IHS over a protracted N13 billion debt...

In spite of the 0.31 per cent appreciation recorded by the Nigerian Stock Exchange (NSE) All-Share Index and market capitalisation at the close of last trading week of the third quarter of 2016, shareholders lost N432 billion during the...