Bloomberg

Sen. Elizabeth Warren got it on with opponent and billionaire businessman, Michael Bloomberg at the second 2020 Democratic presidential primary on Wednesday night in Las Vegas. The Massachusetts senator described the former New York City…

The Federal Government has earmarked $41 billion (N15 trillion) for expanding the rail networks across the country, linking more cities and taking pressure of federal roads. The initiative is also expected to boost economic growth.…

Improved foreign exchange supply for Nigerian banks are the major reason for the increased dollar spending limits for payment cards that are denominated in local currency, Bloomberg reports. The country's biggest bank by market value,…

It’s easy to write off Nigeria as a place destined to squander the potential of Africa's largest population and oil reserves. Under successive governments, corruption has flourished, poverty has increased and religious rivalries have…

Nigeria is awash in nervous speculation over the health of President Muhammadu Buhari, who hasn’t appeared in public since he returned to the U.K. for medical treatment for an undisclosed ailment on May 7. Buhari, 74 and a Muslim, has…

Foreign investors are avoiding Nigeria's Naira denominated fixed income investment instrument, and opting for the Dollar denominated Eurobond instead. The country floated a $500 million Eurobond last Wednesday which was oversubscribed to…

..... as NSE emerges worst performer in 2016 The naira is one of the world’s four worst performing currencies in 2016, according to a report by Bloomberg LP. The naira was said to have lost 36.68 per cent of its spot returns for the…

The Blomberg Billionaires’ Index released on Wednesday has shown that Africa’s richest man, Aliko Dangote lost 32 per cent of his wealth in 2016 as the combined effect of falling oil prices and the June devaluation of the naira pushed him…

Since assumption of office, it has been the ritual of President Muhammadu Buhari to pen in most times an op-ed for the major National Dailies of the western countries he visits. During his visit to the United State of America to attend…

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st August 2016 at the Stock Exchange House, Marina, Lagos. The CEO Roundtable themed “Navigating…

Skye Bank of Nigeria received a huge boost when they surged to the top of the Nigerian Stock Exchange All-Share Index with trading  in almost 58 million shares. Stocks closed up 9.1 percent to 72 kobo in Lagos which was their highest in…

Yusuf Ibrahim, a tomato farmer in Kano, Nigeria, has lost almost 90 percent of his crop this year to Tuta absoluta. That prices for the fruit are 15 times higher than before the outbreak of the pest is little consolation; he can’t afford to…

Muhammadu Buhari took office as Nigeria’s president a year ago on a wave of optimism that the ex-military ruler could revive a nation battered by falling oil prices and decades of corruption. Now, Africa’s biggest economy is on its…