The Monetary Policy Committee (MPC) met on November 18 and 19, 2013 against the backdrop of widespread uncertainties and risks of deflation in the global economy but stable...
Indications emerged weekend that banks operating in the country may shut down operations nation wide in protest over the continued detention of key officers of about...
Nigeria’s economic growth GDP, rose in the third quarter as the oil industry’s contraction eased and agricultural output increased. Data released by the National Bureau of...
The Senate has approved the 2014-2016 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), an important element for annual budget planning. The passage followed the...
British Airways has announced a special Christmas price discount on its popular World Traveller (economy) cabin for its Nigerian customers. Known as the Christmas Sale Special,...
The All share index was down 90 basis points. The banking sector was in line with market sentiments, with more losses at the close of the...
Gov. Babangida Aliyu of Niger state has urged the Central Bank of Nigeria (CBN) to account for the shortfall being experienced in the federation account since...
Vice President of ExxonMobil Production Company Mr Elijah White has urged Federal Government to ensure that the pending Petroleum Industry Bill (PIB) at the National Assembly...
The U.S. will surpass Russia as the world’s top oil producer by 2015, and be close to energy self-sufficiency in the next two decades, amid booming...
Governance in developed economies is a pact between the people and their government. The people willingly surrender their individual power to a few elected individuals who...
Activities on the Nigerian Stock Exchange (NSE) on Tuesday closed on the bullish trend following gains posted by some highly capitalised stocks. The market capitalisation increased...
Market Cap (N’bn) 12,181.39 Market Cap (US$’bn) 76.92 NSE All-Share Index 38,125.18 Daily Performance % 0.19 1 Week Performance % 2.01 YTD Performance % 35.78 Daily...
Central Bank of Nigeria, CBN and Deposit Money Banks have commenced the process of a biometric solution to identify every bank customer in the country. The...
Diamond Bank has suspended the launch of a seven-year $550 million bond because of pricing turbulence in the international debt market, its chief executive Alex Otti...
Lagos state on has said it had obtained the approval of the Securities and Exchange Commission (SEC) to issue N87.5 billion bond maturing in 2020 to...