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…begins massive sale with $100m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium...
Market Statistics Monday, 10th April, 2017 Market Cap (N’bn) 8,867.0 Market Cap (US$’bn) 28.9 NSE All-Share Index 25,626.37 Daily Performance % (0.5) Week Performance % 1.4...
The BBC said it has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast oil field would be...
The Nigerian arm of Abu Dhabi telecom group Etisalat is yet to agree a deal on restructuring a $1.2 billion loan with banks after it missed...
Nigeria National Petroleum Corporation depot at Mosimi has reopen and resumed loading after almost a year, when a major pipeline was vandalised in May 2016, NNPC...
Etisalat Nigeria has denied the claim of patent infringement by V-Exchange Ltd. It will be recalled that the management of V-Exchange had claimed that it sent...
Crude Oil price rose above $55 a barrel on Monday, supported by another shutdown at Libya’s largest oilfield and heightened tension over Syria following the U.S....
Barclays has reprimanded Chief Executive Jes Staley and will cut his bonus for attempting to uncover a whistleblower’s identity, the British bank said, dealing a blow...
Central Bank of Nigeria CBN has decided to now sell shorter-dated dollar for future transaction in a bid to inject liquidity into the official foreign exchange...
Two oil majors Royal Dutch Shell and Eni have again said neither they as corporate entity nor their personnel had been involved in any wrongdoing in...
In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on Friday 7th April 2017...
African Maritime leaders under the aegis of Association of African Maritime Administration (AAMA) from across the continent are to be hosted by Nigerian Maritime Administration and...
The Foreign Commercial Service of the United States Diplomatic Mission to Nigeria concluded a four-day outreach (April 4-7) to Enugu State that focused on expanding commercial...
Fitch Rating Agency yesterday said that Zenith Bank is stronger than the rest banks in its own assessment of the capacity of Nigeria bank to absorb...
Wema Bank PLC said it has paid off the N50 billion loans it took from the CBN. The bank’s Chief Finance Officer Tunde Mabawonku said the...