The Federal Government, yesterday, restated its commitment to stabilize the country’s currency against the dollar. Speaking at the opening ceremony of the 37th Kaduna International Trade...
By Omoh Gabriel The restriction placed by the CBN on 41 items’ access to foreign exchange and Bureaux De Change has generated so much heat that...
Activities at the Nigerian Stock Exchange (NSE) on Thursday reversed the negative trend with the market capitalisation increasing by N55 billion. The market capitalisation rose by...
The Ministry of Interior said that 3,000 Nigeria Security and Civil Defence Corps (NSCDC) personnel had been deployed to monitor mining sites nationwide to curb illegal...
The Central Bank of Nigeria (CBN) yesterday, said that bank accounts without the Biometrics Verification Number (BVN) would be operated as “No Customer Initiated Debit”. The...
By Omoh Gabriel The International Monetary Fund yesterday said it is supportive of the federal government’s ongoing efforts at promoting targeted and core infrastructure in...
South African mobile phone operator, MTN Group, withdrew its lawsuit against Nigeria’s regulator over a 3.9 billion dollars fine and paid 250 million dollars toward a...
FBN Holdings Plc. on Wednesday in Lagos notified the Nigerian Stock Exchange (NSE) that its expected earnings for the financial year ended Dec. 31, 2015 would...
The All-Share Index of the Nigerian Stock Exchange (NSE) on Wednesday slipped by 0.86 per cent amid sell pressure. The index lost 207.64 points or 0.86...
The Nigerian equities market extended Tuesday’s negative close as the All Share Index (ASI) depreciated 1.9 per cent to settle at 24,056.12 points. Also, market capitalisation...
—- N20.4708 trillion, aggregate credit to the domestic —- N18.7068trillion, banking system’s credit to the private sector —- N1.63321 trillion, currency-in-circulation By Omoh Gabriel The Central...
The Nigeria Customs Service (NCS) has approved a new procedure for the disposal of seized and overtime goods in its bid to address some of the...
AMCON yesterday said it was seeking prospective investors to buy Keystone Bank, the last of the rescued banks yet to be sold. The Asset Management Corporation...
By Omoh Gabriel Zero budgeting cannot be responsible for budget padding. It cannot be the reason for rats smuggling foreign provisions into the budget. It can...
By Omoh Gabriel Nigeria is often ridiculed as a giant in the sun. It is said to have abundant resources that are yet to be tapped....