The Nigeria's United Bank of Africa, UBA, has denied involvement in the funding of the failed coup plot in Turkey. A Turkey-based newspaper, Yenisafak, had reported that some of those arrested in connection with the July 15, 2016 failed coup plot had told their interrogators...

…balance of trade dips by N793.5bn The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded a decline of N793.5bn in the first quarter merchandise trade to close at N2.72tn from N3.51tn in the fourth quarter of 2015, the first time in the last...

  My compatriots, It is one year today since our administration came into office. It has been a year of triumph, consolidation, pains and achievements. By age, instinct and experience, my preference is to look forward, to prepare for the challenges that lie ahead and rededicate...

About a year ago, President Muhammadu Buhari promised to change Nigeria. At the time, his supporters had reeled out a lot of positives which were to be achieved in the first year. His opponents, however, derided him for not telling Nigerians the type of...

Nigeria’s current financial and economic community is quick to point out the realities of her currency, the gyrations, floundering and nose-diving in all ramifications of suggesting an economic meltdown.The nation’s legal tender, the naira, has been on a free-fall against the United States dollar...

The federal government’s plan to increase the availability of renminbi (Yuan) was already favouring the Naira against the dollar, the President, Association of Bureau De Change Operators of Nigeria, Mr Aminu Gwadabe has said. Gwadabe said in an interview with the News Agency of Nigeria...