Central Bank of Nigeria CBN, has asked banks with dollar denominated facility to set aside extra provisions against such dollar loans immediately in the wake of...
The shares of Julius Berger Plc on Friday on the Nigerian Stock Exchange (NSE) nosedived by N2.54 following investors reaction to its half year result for...
Sterling Bank Plc. on Friday said that the N35 billion tier 2 capital raising would be concluded in the second half of 2016. This is contained...
Dangote Sugar Refinery (DSR) has announced a profit before tax (PBT) of N11.1 billion for the six months ended June 30, 2016. This is contained in...
The Central Bank of Nigeria (CBN), has affirmed its confidence in Skye Bank Plc., through a guarantee line which ensures that withdrawals it suffered in...
Activities on the Nigerian Stock Exchange (NSE) on Thursday maintained a negative slide with the market indices dropping further by 0.79 per cent following continuous profit...
…..says Economy will Pick Up Minister of Finance, Mrs Kemi Adeosun on Thursday said the Federal Government has disbursed a sum of N247.98billon as capital release...
The Petroleum Products Pricing Regulatory Agency (PPPRA) says that taxation of petroleum products like fuel, diesel, kerosene and gas holds a huge revenue potential for Nigeria....
The Manufacturers Association of Nigeria (MAN) has urged government institutions to patronise locally made goods and services. The President of MAN, Dr Frank Jacobs, made the...
Zenith Bank Plc has again been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG. In the 2016 edition of the annual...
Secretary to the Government of Nigeria (SGF) Mr Babachir Lawal said in Abuja that Nigerians living abroad remitted $21 billion to the economy in 2015. Lawal...
The naira Wenesday depreciated at the parallel market by N7 against the dollar. Vanguard investigation showed that the parallel market exchange rate rose from N268 per...
Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI) Mr Waziri Adio said that Nigeria lost over $5.9 billion in 2013. Adio said at a forum in...
Central Bank of Nigeria has said that it has no immediate plan to sell Skye Bank saying it has issued guarantees to depositors as well as...
Nigeria’s economy is likely to contract by 1.8 per cent this year, the International Monetary Fund (IMF) restated yesterday in its global economic outlook released in...