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African Central Banks Push Lenders to Fund Companies Rather Than Buy Debt African central banks are pushing lenders to cut purchases of government bonds and instead...
South Africa’s FirstRand Group, which owns First National Bank (FNB), is the latest financial services provider to be plotting expansion beyond its national borders. In the...
By Omoh Gabriel Nigeria earned a total of N 1.66137 trillion from the export of 142.35 million barrels of crude oil in the first quarter of...
By Omoh Gabriel Nigerians spent a total of N34.63billion in 2008 on pilgrimage to Mecca and Jerusalem. Of this amount the Muslim annual ceremony to Mecca...
By Omoh Gabriel, Business Editor Cement manufacturers in the country have petitioned the President alleging that the ministry of commerce has opened the gate for importation...
By Omoh Gabriel, Peter Egwuatu, Oscar Chimaobi, Mike Eboh Nigerians of various calling have reacted to the comment made by the National Security adviser that the...
Shareholders’ groups across the country and financial experts have described the ongoing move by the Central Bank of Nigeria (CBN) to sell the five troubled banks...
Indication emerged yesterday that the report of the Nigeria Stock Exchange on the role of Business mogul Aliko Dangote on AP shares manipulation have recommended that...
Nigeria expects its budget deficit to widen to 6.1 percent of GDP this year, more than double the level set under a fiscal responsibility act three...
By Omoh Gabriel The Economic and Financial Crimes Commission ( EFCC) said yesterday that it has arrested three of the five former MD/ CEOs of banks...
Nigeria’s debut Eurobond heavily oversubscribed Nigeria issued a $500 million debut Eurobond on Friday with a 7.0 percent yield in a deal that was heavily oversubscribed,...
By Omoh Gabriel The amount saved from oil windfall in the country’s excess crude revenue account has been depleted and what is left will not tide...
By Omoh Gabriel Mr. Eze Nwagbaraji is a tested investment banker and fund manager who has spent several years in the United States of America’s financial...
By Omoh Gabriel The Central Bank of Nigeria CBN has said that the desire of the federal government to earn more volume of naira is responsible...
The collapse of fiscal policies in the country and the total absence of governance is the bane of Nigeria’s current foreign exchange problem participant at the...