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The Federal Ministry of Agriculture and Rural Development on Monday signed a Memorandum of Understanding (MoU) with the West African Cotton Co. Ltd., (WACOT) to develop...
The Central Bank of Nigeria (CBN) has increased the minimum capital base of Finance Companies by 400 percent to N100 million, with September 2015 as deadline...
The Debt Management Office (DMO) says it plans to raise N100 billion worth of bond in three categories in July. This is contained in a circular...
The Lagos Chamber of Commerce and Industry (LCCI) has linked the uncertainties in the business environment in the second quarter to epileptic power supply, security challenges,...
Nigeria’s cocoa mid-crop is taking longer to complete and boosting prospects for production from the world’s fourth-largest grower of the beans. The smaller of two annual...
The National Association of Micro Finance Banks (NAMB) has urged the Central Bank of Nigeria (CBN) to include its members in the Bankers Committee. This is...
The Executive Secretary of the Nigerian Shippers’ Council (NSC), Mr Hassan Bello, said on Tuesday that lack of a substantive legal framework had delayed the smooth...
Thirteen Nigerian banks have been listed in among the Leading 1000 Global Banks as published by The Banker magazine of the Financial Times Group in its...
Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, said yesterday, that a new Vehicle Credit Finance Scheme to make new cars affordable to the ordinary...
*Record 24% return on capital Africa banks have been ranked by Banker as having generated the highest returns to shareholders in 2013. In its 2014 Top...
Investors on the Nigeria Stock Exchange (NSE), on Tuesday in Lagos traded a total of 622.377 million shares worth N7.76 billion in 7,921 deals. The volume represented an...
The National Association of Micro Finance Banks (NAMFB), on Tuesday, expressed readiness of its members to key into Federal Government’s cashless policy. The Executive Secretary of...
The Institute of Capital Market Registrars (ICMR) on Tuesday said that N1.004 trillion was declared as dividends by quoted companies on the Nigerian Stock Exchange (NSE)...
The Central Bank of Nigeria has granted one year withdrawal waiver charges on individual and corporate accounts in the remaining 30 states which will implement the...
*Raises capital base by 250% The Central Bank of Nigeria (CBN) yesterday reduced the volume of weekly foreign exchange sales to Bureaux De Change (BDCs) by...