Uzoma Dozie, Managing Director and CEO of Diamond Bank says the bank was caught up in an economic depression, especially oil prices which impacted its oil and gas books five years ago.

According to BMI Research's recent report titled, outlook for Nigeria's economy, improved oil production, higher oil prices, and greater exchange rate flexibility will all contribute to a return to positive real GDP growth in Nigeria in 2017.

Nigeria's Central Bank plans to meet bureau de change operators today to explore ways to eliminate the gap between the official and parallel market dollar rates.

Monica Malik, chief economist at Abu Dhabi Commercial Bank, discusses the key takeaways from Saudi Arabia's historic budget with Bloomberg's Yousef Gamal El-Din and Angie Lau

Moody's investor’s service says Nigeria's five biggest banks have sufficient foreign currency liquidity to cover 18 months of maturing foreign currency debt obligations.

OPEC, the world's largest bloc of oil-producing countries, has decided to reduce output by 750,000 barrels a day to stabilise falling global oil prices.

Economic data released today by the National Bureau of Statistics confirmed that Nigeria is in a recession. Toyin Sanni, CEO, United Capital joins CNBC Africa for an in-depth analysis of the information.