Nigeria recorded a 4.6 per cent fall in revenue to N601.6 billion ($3.7 billion) in August, a situation the Accountant General of Nigeria, Jonah Otunla, attributed...
JOHANESBURG-Naira fell 0.28 percent against the dollar on Tuesday to its weakest level in seven weeks, hit by strong demand from foreign exchange users and a...
LAGOS-The European Central Bank’s landmark review of euro-zone banks will have to ask lenders to raise an additional €51bn to be credible with markets, a Goldman...
LAGOS-Nigeria’s interbank lending rates eased to 10.5 percent on Friday, down 25 basis points from a week earlier, after the central bank paid off matured treasury...
LAGOS-Nigeria, now Africa’s largest economy, continued its downward trend and fell by seven places to 127th this year on the latest World Economic Forum (WEF) Global...
LAGOS-The Nigerian naira was unchanged at 162.40 per dollar at Wednesday’s close, supported by dollar sales from two oil companies, dealers said. The local unit of...
ALBANY, N.Y. — New York’s attorney general is accusing a mortgage lender of refusing to offer financing to African-Americans living in Buffalo. Eric Schneiderman filed a...
South Africa’s economy avoided slipping into a recession in the second quarter, as solid growth in the agriculture and financial industries outweighed a hammering in the...
The Nigerian naira firmed against the greenback on Wednesday, lifted by dollar sales from local units of foreign oil companies seeking to fund their month-end obligations....
PARIS – IMF chief Christine Lagarde, one of the world’s most powerful women, announced Wednesday she had been charged with “negligence” over a multi-million-euro graft case...
