The naira tumbled to 520 against the United States dollar at the parallel market on Monday as scarcity of the greenback continued to keep the exchange rate in a free fall mode.
The naira had closed at 516/dollar on Friday,...
President Muhammadu Buhari has said results of the series of medical checkups he carried out in the cause of his medical vacation had shown that he needed longer period of rest.
He said this necessitated his staying back in London,...
Oil prices rose on Monday but the gains were limited as investors gauged whether an increase in U.S. drilling rigs and record stockpiles would undermine efforts by producers to cut output and bring the market into balance.
Brent futures were...
The Nigerian Stock Exchange (NSE) has been hit by the foreign exchange crisis as the continued depreciation of the local currency, naira, against the US dollar affects the value of the market.
The market capitalisation in dollar terms has dropped...
The slide in the value of the naira against the dollars has caused the price of aviation fuel, known as Jet A1, to skyrocket, Daily Trust checks have shown.
The price which stabilized in recent times, selling between N220 to...
The National Bureau of Statistics (NBS) has said the Joint Admissions and Matriculation Board (JAMB) data reflected that 11,703,709 applications were received between 2010 and 2016.
A report on, “ JAMB Admitted Candidates by State and Gender within Faculty’’, released...
