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Central Bank of Nigeria CBN has issued a foreign exchange loan guideline for banks in which it increased the limit of banks’ foreign currency borrowings to...
The annual rate of the general rise in prices of goods and services in Nigeria fell for the second month in March, showing the positive impact...
The Central Bank of Nigeria (CBN) has released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and raw materials. The Bank...
Market Statistics Wednesday, 12th April, 2017 Market Cap (N’bn) 8,822.2 Market Cap (US$’bn) 28.8 NSE All-Share Index 25,496.71 Daily Performance % 0.1 Week Performance % 0.1...
President Muhammadu Buhari has forwarded the names of six persons to the Senate for confirmation as Non-Executive Directors of the Board of the Central Bank of Nigeria, CBN....
In its bid to refocus its operations, Nigerian National Petroleum Corporation (NNPC) said it will commercialise some of its critical Information Communications & Technology (ICT) infrastructure as...
Minister of State for Petroleum Resources Mr. Ibe Kachikwu has said that Federal Government would commence payments of Joint Venture Cash Call arrears to international oil...
Unilever Nigeria PLC has disclosed that it plans to raise its authorised capital base at the forth coming annual General meeting in May 2017. At the...
—sells $100m to SMEs —makes $100m spot wholesale Small and Medium Enterprises (SMEs) in the country involved in the importation of critical and eligible finished and...
A 2016 Mandela Washington Fellow, Ms. Chidinma Mbanasor, has concluded a series of vocational rehabilitation and economic empowerment program for 60 Vesico-Vaginal Fistula (VVF) survivors in...
Data released by the National Bureau of Statistics indicate that the retirement savings account (RSA) membership distribution data for the first three months of 2017 rose...
Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oilfield would go to Malabu...
Trading giant Vitol said it has has sold millions of barrels of Nigerian crude oil from storage in South Africa’s Saldanha Bay, according to oil traders,...
Credit rating agency Standard and Poor’s (S&P) has downgraded South Africa‘s rating to BB+ -status, as the country’s currency continued to slide following a major cabinet...
Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured Eurobond...