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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...
Trading activities on the Nigerian Stock Exchange (NSE) on Tuesday sustained a positive trend with the market capitalisation inching up by N25 billion. The market capitalisation...
Chief Executive of SunTrust Bank, Muhammed Jubrin, has assured operators in the small and medium scale enterprises sector that his bank will focus on the small...
Nigeria is looking for investments of $7 billion in mining and steel over the next decade as it seeks to develop gold and iron ore extraction...
The Bankers committee yesterday rose from its meeting with a resolution to raise the weekly amount of foreign exchange sold to Bureaux de Change from $30,000...
Economic Intelligence Group, EIG at Access Bank Plc, yesterday, forecasts 17.2 per cent inflation rate in July from 16.5 per cent posted in June, 2016, a...