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Nigeria’s multi-billion dollar investment in the West African Gas Pipeline Company, WAPCO, is in jeopardy as management of the company, yesterday, raised an alarm that it...
Last week the Central Bank of Nigeria (CBN), once again came to the rescue of one of Nigeria’s strategically important bank. The action of the CBN...
Nigeria’s advertising industry recorded media spend of N97.9 billion in 2015 against the N93.1 billion recorded in 2014; representing an increase of 5.2 per cent. This...
Central Bank of Nigeria (CBN) has said that no bank in Nigeria is distressed. In a statement signed by its Acting Head of Communication Mr. Isaac...
The new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has affirmed the Central Bank of Nigeria’s (CBN) statement that Skye remains healthy...
Nigerian oil output rose last month following repairs to infrastructure that had been damaged by militant attacks. Nigeria pumped an average of 1.53 million barrels a...
— appoints Ahmad, Abiru as new helmsmen CBN yesterday sacked the Managing Director and 11 directors of Skye Bank including the Chairman of the board....
West Africa Container Terminal (WACT) and The APM Terminals Apapa Ltd are to provide weighing services to exporters. They have installed controls to ensure containers loaded...
Trading at the Nigerian Stock Exchange on Monday nose dived with market indices dropping by 1.04 per cent, amid sell pressure. As a result the All-Share...
A new Group Managing Director has been appointed for the Nigeria National Petroleum Corporation NNPC. He is Dr Maikanti Kacalla Baru. By this appointment the President...
CBN Press release on Skye Bank Plc 1. The Central Bank of Nigeria (CBN) would like to inform the general public of its decision to effect...
The Central Bank of Nigeria (CBN) has disclosed that the Nigeria economy is in recession as economic activities declined faster in June having turned negative in...
Some federal government agencies now operate bank accounts in violation of the Treasury Single Account (TSA). The TSA is a bank account or a set of...
Last week the Minister of Finance, Kemi Adeosun, told viewers of Channels TV that if Nigeria is to achieve sustainable growth it needs a planned...
Zenith, First Bank, Gtbank, Access Bank and Diamond are among the ten Nigerian banks that made the 2016 Top 1000 World Banks ranking by Financial Times....