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The Central Bank of Nigeria (CBN) said that the country would realise the dream of a robust national payments system by 2020. Mr Dipo Fatokun, CBN...
Julius Berger Nigeria (JBN) Plc on Wednesday at the Nigerian Stock Exchange (NSE) emerged the most traded stock, exchanging 46.33 million shares worth N2.39 billion in...
Central Bank of Nigeria (CBN) says importers of rice, cement and other products will no longer access Foreign Exchange from CBN, Banks and Bureau De change...
Companies in the manufacturing sector of the economy that source foreign exchange to import raw materials and products have been hit hard by the devaluation of...
By Omoh Gabriel, Huge expenditures on capital projects and sundry overhead have been identified as part of the reasons many state governments in Nigeria are unable...
Bank Verification number enrolment ordered by the CBN for all bank customers will end this Month. How will the system work and why is it important...
By Omoh Gabriel Eighteen out of the thirty-six states of the federation are technically bankrupt. This is because they have mortgaged their federation account allocations to...
When Mr. Godwin Emefiele became the Governor of the Central Bank of Nigeria (CBN) on June 3, 2014, there was visible pressure on the Naira as...
* As NISA crisis deepens * Factions work across purposes THE crisis presently rocking the Nigerian Ship-owners Association, (NISA) last week, took a new dimension...
Nigerian smallholders’ farmers and those from 11 other Africa countries are to benefit from the Global Environment Facility launched an innovative $106.5 million pilot program for...
Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Ade Ayeyemi as its new Group Chief Executive Officer (GCEO) with effect...
Indices of the Nigerian Stock Exchange (NSE), dropped by 0.22 per cent on Monday due to profit taking by some investors. The All-Share Index lost 74.58...
Depot owners and Petroleum Products Marketers Association (DAPPMA) on Wednesday expressed worries over what they called outstanding N291 billion subsidy claims to marketers. Mr Olufemi Adewole,...
The Nigeria Customs Service (NCS) has engaged the Economic and Financial Crimes Commission (EFCC) to investigate some bank accounts with NCS’ name by individuals to defraud...
The Federal High Court in Ibadan on Wednesday ordered the remand of eight bank officials over alleged currency scam. The Economic and Financial Crimes Commission (EFCC)...