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The Central Bank of Nigeria (CBN) and some stakeholders in Abuja, on Monday rejected a bill seeking to remove the bank’s Governor, Deputy Governors and Executive...
Skye Bank said on Monday pre-tax profit in the nine months to September rose 45.4 per cent to N16.55billion, from N11.38 billion in the same period...
The naira firmed against the U.S dollar on the inter-bank market Monday, supported by dollar sales by two energy companies, which boosted dollar supplies. The local...
The International Monetary Fund has urged African oil and gas producing nations to direct their revenue in infrastructure and education rather than on “white elephants”. Exploration...
By Omoh Gabriel The Lagos Chamber of Commerce and Industry has raised issues with the plan of the federal government to spend N1. 081 trillion on...
The Debt Management Office (DMO) has called on all tiers of government to ensure effective management of debts to fast-track economic development. Dr Abraham Nwankwo, Director-General...
By Omoh Gabriel At the just concluded IMF/World Bank Annual Meetings in Tokyo Japan, the Nigeria delegation led by Dr. Mrs Ngozi Okonjo-Iweala had an interactive...
The federal Government is worried by the use of dollar as means of payment or legal tender in the local market in Nigeria. The practice is...
At the just-concluded International Monetary Fund/World Bank Group Annual Meetings, all the finance ministers of the world and the governors of central banks met to assess...
Zenith Bank Plc has announced a profit before tax of N75. 22 billion for the nine months ending September 2012 indicating an impressive 50 per cent...
Nigeria’s northeastern Gombe state issued a N20 billion ($127 mln) 7-year bond on Tuesday, yielding 15.5 percent, to help fund infrastructure projects and pay-off existing short-term...
The Department of Petroleum Resources (DPR) on Tuesday threatened to shut down any petrol station caught selling fuel above the pump price of N97 per litre....
The Nigerian-Turkish Business Council (NTBC) inaugurated its activities in Lagos, in line with an existing Memorandum of Understanding between the two countries. Dr Herbert Ajayi, National...
Equity transactions on the Nigerian Stock Exchange (NSE) re-opened positively on Tuesday as investors cumulatively recorded marginal gains. The All-Share Index grew by 11.47 points to...
The Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) are statutory documents, which articulate Government’s revenue and expenditure plan as well as its fiscal...