The recent devaluation of the naira and the mounting uncertainty surrounding the 2015 elections is already taking tolls on the economy as investors confidence level in...
In an effort to reduce incidents of fraud and protect customer accounts from unauthorised access, banks under the aegis of the Bankers’ Committee have intensified enrolment...
*External reserve falls to $30.8 In an apparent bid to maintain the tight money supply and high interest rate regime in the country, the Central Bank...
THE the Nigeria Customs Service, NCS, has decentralized the issuance of approval for transit cargoes with a view to facilitating the quick movement of these categories...
MTN Nigeria said the lack of regular public power supply is taking a toll on businesses in Nigeria saying that it spends N30.5 billion on diesel...
The efforts of the Nigerian Export-Import Bank (NEXIM Bank) to facilitate the establishment of a regional maritime company, The Sealink Project, has received a fresh boost...
Data from the Nigerian Stock Exchange, NSE, showed a significant drop in foreign investors’ participation as at December 2014, while a significant increase was recorded on...
The officials of the National Automotive Council (NAC) and WesBank of South Africa on Wednesday met in Abuja on the proposed roll-out of made-in-Nigeria vehicle finance...
… as NIPC initiates investment promotion masterplan The Federal Government will soon begin the implementation of a strategic investment master plan to bridge the country’s...
The Post Master General of Nigerian Postal Services, Mallam Ibrahim Mori Baba, says the Post will bring over 40 million rural people into the financial market...
—average of $4.5 billion goes out per week —$18.6 billion was purchased from rDAS in five weeks The Nigerian economy is facing huge financial hemorrhage as...
—Operators commend CBN move The CBN yesterday in a bid to salvage the naira from speculators scraped the official window where it sells dollar to end...
The House of Representatives on Wednesday set up a special committee to meet the Minister of Finance, Dr Ngozi Okonjo-Iweala, over the sliding oil price at...
The Central Bank of Nigeria (CBN) yesterday scraped the Retail Dutch Auction System (RDAS) and Wholesale Dutch Auction System (WDAS) Foreign Exchange window to help stabilise...
INDUSTRY LEADERS in the country are making frantic efforts to halt passage of the Private Companies Conversion and Listing Bill into law by the National Assembly....