Retailer Truworths Throws in Towel on Biggest African Economy Buhari’s Defense of Naira Chokes Imports, Spurs…
Category: Economy
BNW Economy
U.S. To Press Nigeria On Foreign Exchange Rate Flexibility
Nigerian naira notes are seen in this picture illustration March 15, 2016 The United States…
French Agency Says It Spend 1bn Euro On Projects In Nigeria
Country Office of the French Development Agency (Agence Francaise de Developpement), says it has spent about…
Leader Of Nigeria’s Ruling APC Party Criticises Petroleum Minister
The national leader of Nigeria’s ruling party, the All Progressives Congress (APC), has criticised the minister…
Nigeria Passes High-Spending Budget Despite Oil Price Woes
Nigeria has passed its budget for 2016 after months of political wrangling, pushing through record…
Nigeria Introduces Circuit Breaker as Stocks Extend Slide
Nigeria’s stock exchange introduced a circuit breaker to limit price swings as equities in Africa’s biggest…
Nigeria: Central Bank Cuts Dollar Supplies to Bureaux De Change As Currency Crisis Worsens
A street vendor carries her goods across a newly constructed bridge in Abuja, Nigeria. George Osodi/Bloomberg…
Olam nearly triples its bite into Nigerian wheat
Singapore-based commodities trader Olam International is expanding its footprint in Africa with the $275 million purchase…
Switzerland and Nigeria discuss return of $300 million stolen by Abacha
ABUJA (Reuters) – Authorities in Switzerland are in talks to arrange the return to Nigeria of…
