The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund to stabilise the currency if it considers a good option. The Washington-based lender however noted that recent exchange reforms and other steps taken by the Nigerian ...

By Babajide Komolafe, Economy Editor; Victor Ahiuma-Young; Obas Esiedesa & John Alechenu THE Naira yesterday recorded significant gain against the dollar in the parallel market and the official Investors and Exporters, I&E window even as the forex market received a major supply boost as ...

Chelsea would not want to pay any part of Pierre-Emerick Aubameyang’s wages if he is to leave the club on loan this month, it has been claimed in Spain, amid a link with Barcelona. Aubameyang is said to be unhappy at Chelsea and is believed to be keen on moving on just four months after joining ...

The Senate on Wednesday rejected President Buhari's request for approval of N23.7 trillion CBN loans. But how did his government accumulate that much in seven years? byAyodeji Adegboyega The Central Bank of Nigeria’s advances to the federal government rose 2900 per cent in the ...