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Interbank rate eased to around eight per cent on Friday from 15 percent last week after the central bank repaid N152.6 billion in matured debt and...
As part of activities lined up to celebrate its centenary anniversary this year, Union Bank yesterday hosted its customers and other stakeholders in Rivers State to...
Revenue generating agencies of the federal government made up of Customs, Federal Inland Revenue Services and Department of Petroleum Resources were allocated a total of N9.84...
Exotic Capital a leading frontier and emerging markets investment firm based in the United Kingdom, has said that the most likely way out of the debt...
Indications are that the Nigeria monetary authorities are not happy with the way and manner Etisalat Abu Dhabi has acted in the debt saga that is...
PT Intim Perkasa Nigeria Limited, a subsidiary of PT Intim Perkasa, Indonesia, has shown interest in building a 10,000-barrel per day modular refinery in Akwa Ibom...
Nigerian National Petroleum Corporation, NNPC, said it has repaid its N450 billion indebtedness to the Federal Government. NNPC, in its April 2017 Monthly Financial and Operations Report,...
Etisalat Nigeria has said that the outstanding on the $1.2 billion syndicated loan is about $500m, N165 billion. It said that the $1.2 billion loan was...
Market Statistics Wednesday, 21st June 2017 Market Cap (N’bn) 11,576.6 Market Cap (US$’bn) ...
The pound pushed above $1.27 on Wednesday, erasing losses following hawkish comments made by the Bank of England’s chief economist. “Provided the [economic] data are still...
Managing Director and Chief Executive Officer (MD/CEO) of Bank of Industry, Mr. Pitan Olukayode has indicated the bank’s interest to seek more areas of collaboration...
A row has erupted in South Africa between Civil Society Group and the government over the status of South Africa Reserve Bank. While Finance Minister insists...
Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said that it plans to raise $200 million to increase its stake in...
Nigeria Customs Service has said that advanced cargo manifest must be submitted to it at least seven days before the arrival of every vessel at the...
Aliko Dangote, President Dangote Group, said that the poor state of port roads is causing a weekly loss of about N140 billion to the federal government....