Equity transactions on the Nigerian Stock Exchange (NSE) closed on bearish note on Thursday as market capitalisation depreciated by N172 billion or 1.79 per cent with...
A new Managing Director (MD) has been appointed for the National Economic Reconstruction Fund (NERFUND). He is Dr. Ezekiel Oseni. The Permanent Secretary of the Federal...
Diamond Bank Plc has reassured its customers of enhanced quality service delivery and commitment to meet its banking obligations despite the announcement by the CBN that...
Central Bank of Nigeria has lifted its suspension and readmitted United Bank of into the foreign exchange market. A statement by the apex bank said “Further...
A heated blame game is trailing the suspension of nine banks from the foreign exchange market as a result of non remittance of NNPC fund into...
The President of Manufacturers Association of Nigeria (MAN), Mr Frank Jacob, says in spite of the current economic recession in Nigeria, the country is still an...
Director, Institute for Agricultural Research (IAR), Zaria, Prof. Ibrahim Umar-Abubakar, said Nigeria’s wheat import bill stood at $6 billion annually. Umar-Abubakar said this in Zaria, Kaduna...
The Central Bank of Nigeria CBN, yesterday suspended nine banks from further dealing in foreign exchange transactions, until they remit all outstanding NNPC funds in their...
***Diamond, Skye Bank, First Bank, Keystone, others fingered The Central Bank of Nigeria CBN, yesterday suspended nine banks from further dealing in foreign exchange transactions,...
The Nigeria Deposit Insurance Corporation (NDIC) has recommitted to the realization of the Financial System Strategy (FSS 2020), the initiative aimed at making Nigeria the financial...
Some major blue chips on the Nigerian Stock Exchange (NSE) on Tuesday recorded price depreciation as a result of profit taking by investors. Dangote Cement topped...
First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Patrick Iyamabo as its new Chief...
Manufacturers in the country have decried the high interest rate and poor access to foreign exchange, which according to them has hindered growth in the manufacturing...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday blamed the continued fall in the value of the naira against other major currencies...
President Muhammadu Buhari says African countries survive the current economic and financial challenges with home-grown innovations. The president said this while declaring open the annual Assembly...