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External reserves lost $610m in Nov, CBN battles to save naira


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The nation’s external reserves fell by $610m last month, figures obtained from the Central Bank of Nigeria on Thursday revealed. The reserves dropped to N$41.22bn as of November 29 from…

Retirees increase by 27%, collect N890bn from govts, private sector


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The total number of retirees under the Contributory Pension Scheme has risen by 27 per cent in two years, data obtained by our correspondent have shown. Specifically, the total number…

N97bn shares’ sale not to exit Nigeria, says MTN


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MTN Nigeria Communications Plc is set to raise at least N97.18bn from its public offer to retail investors. This came as the company it had  no plan to exit the…