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Naira Weakens To 4-Year Low As Dollar Sells For N502/$1

Naira Weakens To 4-Year Low As Dollar Sells For N502/$1   Nigeria’s currency weakened to a four-year low in the parallel market after the central bank’s efforts to coax banks to sell more dollars to customers failed to bridge the widening gap between the official and...

Rising Oil Price Puts More Pressure on NNPC’s Finances

Rising Oil Price Puts More Pressure on NNPC’s Finances       Crude oil extended its gains at the weekend after closing at a six-week high with signs of strengthening demand in key markets, thereby piling more pressure on the ability of the Nigerian National Petroleum Corporation (NNPC)...