Banks’ Income From Forex Trading Rose By 114% To N145bn         Notwithstanding the sharp depreciation of the Naira and the acute dollar shortage in the economy, income from foreign exchange trading by Nigeria’s top banks rose sharply by 110 percent, year-on-year, to N145 billion in the...

Nigeria Ranks 114 Globally In Innovation Nigeria is among the low-middle income countries that are underperforming in the creation and utilisation of innovations, the 2019 Global Innovation Index released on Wednesday said. The study said Africa’s largest economy performed below expectations compared with the level of...

External Debt Grew By 114% Under Buhari   The Federal Government and the 36 states of the federation as well as the Federal Capital Territory grew the country’s external loan commitments from $10.32bn in June 2015 to $22.07bn in March 2018, investigation has shown. This reflects an...