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Activities at the Nigerian Stock Exchange (NSE) on Wednesday closed negatively with the market indices dropping by 0.54 per cent, following huge loss posted by some...
*Says Mint suffers N1bn loss The Central Bank of Nigeria (CBN) operating surplus (net income) fell sharply by N174 billion to N33.8 billion in 2014....
The Securities and Exchange Commission (SEC) yesterday ordered all registrars of public companies to return all unclaimed dividends, which have been in their custody for fifteen...
A total of 22 bankers comprising 16 staff of deposit money banks and 6 staff of the Central Bank of Nigeria (CBN) were Tuesday arraigned before...
A Federal High Court in Lagos has restrained the Nigerian Electricity Regulatory Commission, (NERC), from implementing the new electricity tariff which was to take effect from...
The Central Bank of Nigeria (CBN) has explained how it discovered the N8 billion currency fraud. In a statement Director, Corporate Communications, CBN, Alhaji Ibrahim Muazu...
African Development Bank (AfDB) has expressed concern that the continent’s energy deficit remains large in spite of remarkable achievements in continental development. The view is contained...
Interswitch Ltd., which processes payments for banks and owns a brand of debit cards in Nigeria, is considering initial public offerings in London and Lagos next...
The risk of the smallest cocoa harvest in five years is combining with power cuts and a weak oil price to cloud the prospects for Ghana’s...
African Development Bank (AfDB) has expressed concern that the continent’s energy deficit remains large in spite of remarkable achievements in continental development. The view is contained...
— Earned interest of $29m from external reserves —-Forex inflow rose to $146.2bn, outflow $43.4bn —-Recruited 771 staff in 2013 —-$28bn spent on importation of goods...
By Omoh Gabriel The Nigerian economic situation can be aptly described as an interlocking set of vicious circles that perpetuate economic stagnation and rural poverty. One...
The Central Bank of Nigeria yesterday said that it would henceforth share with banks interest earnings on loans granted to farmers under the Commercial Agricultural Credit...
The Nigerian Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to implement the recommendations of its audit reports as part of measures to reform...
Managing Director, Fidelity Bank Plc, Mr Nnamdi Okonkwo said on Tuesday that the bank was targeting a deposit growth of 10 per cent for the financial...