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Omoh Gabriel DELTA State Governor, Dr. Emmanuel Uduaghan, has said that not a few industries outside the Niger Delta region were encouraging illegal bunkering that has...
—-Four of the five banks accounts for N 1.3175 trn, —-non performing loans N115.3 ‚Äîaccounts for 30 % of loans, —- 45 % of non performing...
By Omoh Gabriel, Business Editor The Central Bank Governor Sanusi Lamido Sanusi on Friday made good his threat to remove banks Managing Director if found wanting....
The federal government 25th Development Loan has been put at N180 million and will be solely used for agriculture development. This is a departure from the...
The naira appreciate in value against other major currencies after yesterday’s bidding session at the Foreign Exchange Market (FEM). An exchange rate of N3.500 to $1.00...
THE ailing financial system of Nigeria has been a source of concern to government and the people of the country. To this end, a two-day National...
The Central Bank will soon refund to importers outstanding lodgements paid to the CBN under the Compulsory Advance Deposit (CAD) scheme. This was contained in a...
The N180 million 25th Development Loan Stock recorded a marginal over-subscription of N1.2 million as records showed yesterday, when the last batch of returns were made...
Information flow is one of the essential ingredients for a perfectly competitive market structure to develop in any economy. Free flow of information enables economic agents...
The national workshop on sources and procurement of foreign exchange ended on Thursday with a call on the federal government to come up with budget statements...
Without wasting words, banking is one of most alluring sectors for present day Nigerian graduates, partly because of te high pecuniary reward which it offers in...
Bankers and finance experts have hailed the federal government’s decision to double the minimum take off capital requirements for banks which took effect from January 21...
Japan has now considered Nigeria qualified to benefit from its bilateral aid support it gives to developing countries, Mr. Paul Enrihri, managing director of Public Finance...
Nigeria’s total foreign exchange earnings from both official and non-official sources from the month of January to November 1987 amounted to ($5.8 billion). N23.8 billion against...
President Ibrahim Babangida will make known to Nigerians today the basics of the Federal Government’s much expected “humane” budget for the next 12 months. The third...