The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, said that the apex bank did not provide foreign exchange at a subsidised rate for the 2016 hajj pilgrims. Emefiele, according to a statement from the bank, explained that the...

Diamond Bank Plc says the Central Bank of Nigeria and the Economic and Financial Services Commission have frozen the bank accounts of Cashflowabi Cooperative Society and Cashflowabi Networks Limited for allegedly operating as fund managers without operating licences. It said...

The Nigerian Export Promotion Council said on Tuesday that the effective implementation of its new strategy on non-oil export would enable the country to increase its foreign exchange reserves to $150bn within the next 10 years. The Executive Director, NEPC,...

The Nigerian Aviation Handling Company has said it is still awaiting details of the investigation being carried out by Economic and Financial Crimes Commission, following a raid on its office in Lagos last Monday. Operatives of the EFCC had last...

Though attempts have been made to assure Nigerians that there are no plans to increase the pump price of Premium Motor Spirit, popularly referred to as petrol, The PUNCH has gathered that the actual price at which the product...

...OPEC president forecasts oil price recovery in Q4  ..Suspected militants kill three soldiers, seize military ammunition in Bayelsa ..Seriake appoints ex-militant to battle vandalism As part of the efforts to address frequent disruptions to the supply of crude oil to the Kaduna...