Nigeria owed $575 million in outstanding air fares, as of March 31, according to the International Air Transport Association
Nigeria's Buhari, doing everything to avoid the IMF, brings home Chinese billions; analysts say 'tiny' for a giant
Nigerian president has been to more than 20 countries since taking office a year ago; his countrymen have nicknamed him Mr 'Always Away'
Some spent the night in their vehicles waiting in the queue outside a filling station. Paramilitary officers shot dead black market petrol sellers
All 14 analysts surveyed had predicted the benchmark rate in Africa's biggest economy would remain unchanged at 11%.
Another S. African firm takes a hit in Nigeria: Truworths exits due to tough regulation, rising costs
The clothing company struggled to get stock into Nigeria and cash out of the country
“There are importers looking for dollars at all costs to keep their businesses going”
“The situation is worsening...People are buying dollars that they need in the next one year”
The company will build two new plants in Nigeria within three years, and has got the green light to start building a plant in Nepal
Africa’s biggest economy in talks with World Bank, AfDB as seeks to spend way out of economic crisis—a hint of Keynesian economics.
Daily newspaper headlines warn of "Hard times ahead", and even high fliers are taking a hit
After posting slowest growth in 16 years, Nigeria flirts with economic disaster as naira controls stay
Buhari will spend rest of the week in Kenya, and attend a memorial service for soldiers who were killed in an Al-Shabaab attack in Somalia
Nigerian leader outlined plans for the government to spend 6.08 trillion naira ($30.8 billion) in 2016
Why must the priority be foreign “investors” who must receive their incredible returns at the expense of Nigeria, and domestic speculators in dollars?
“The degree of transparency we’re starting to get with the new administration is hugely positive,” says an analyst who looks at the bright side.
The fine exceeds Nigerian government revenues from oil in the second-quarter, and more than double the state’s non-crude proceeds
Nigeria 'broke', and Buhari using mega fines on MTN, banks to raise money? Analysts think so – and that worries them
President yet to disclose the portfolios of his 36 cabinet approved by Senate. Africa’s largest economy hasn’t had a cabinet for five months now.
Buhari’s tight stance on Nigeria currency ‘has echoes’ of his rule as military leader, disappointed analysts say
President’s backing tightens country’s central bank’s grip on naira, but few investors are seemingly impressed.
Nigerians nicknamed power authority (NEPA) "Never Expect Power Always". When it changed to (PHCN) they mocked it as the “Problem Has Changed Name.”
The mobile-phone company sees the naira deteriorating further.