FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City Monument Bank Limited (FCMB...
By omoh Gabriel Central Bank of Nigeria has modified its foreign exchange policy. In a release signed by the Bank Acting Director Corporate Communication, Mr. Isaac...
The Nigerian-American Chamber of Commerce, NACC, has said that multiple foreign exchange rates ruling in the foreign exchange market creates distortion in the economy and is counterproductive...
Nigeria’s National Economic Council an economic advisory body has asked the Central Bank of Nigeria CBN to review its foreign exchange policy. This is coming on the heels...
African Development Bank AfDB, said it has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing in affordable housing for...
Innovative research released by The MasterCard Foundation is making the case for a new approach to youth employment training strategies in Africa. Understanding Youth Livelihoods in...
The Central Bank of Nigeria said it was not queried by the Attorney General of the federation on foreign exchange sale as being speculated in some...
The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it to...
Central Bank of Nigeria (CBN) has said that it disbursed a total sum of $2.83 billion to intervene in the foreign exchange market for utilization in...
Nigeria’s crude oil export will rise by 8,350 barrels of oil per day (bopd) as Green Energy International Limited, GEIL, said it is about to commence...
Nigeria’s $1 billion 15 year government bonds started trading on London Stock Exchange on Thursday. The 15 year Eurobond is the longest ever maturity for an international Nigerian...
Nigeria’s Debt Management DMO, said it has raised N160 billion bonds at its second debt auction this year at yields lower than the inflation rate. The DMO...
Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs) of 10 banks and...
The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), which measures inflation again rose by 18.72 per cent (year-on-year) in January from 18.55 percent...
A tripartite agreement spare headed by the Dangote Rice limited to create jobs for 16,000 outgrower rice farmers in Sokoto was yesterday signed amid excitement and...