It was a melodrama at the House of Representative sub Committee probe of Niger Delta Development Commission NDDC as Prof. Kemebradikumo Pondei, the Acting Managing Director,,...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained Monetary Policy Rate (MPR) at 12.5 per cent and held all other...
Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief...
Central Bank of Nigeria (CBN), says it has so far funded 20 projects valued at N26.278 billion under the N100 billion credit support intervention for the...
The equities market opened the week bearish as the All-Share Index lost 7bps due to sell-offs in ZENITH (-0.6%), ACCESS (-1.0%) and OANDO (-0.4%), to close...
African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s, on 14 July affirmed the Bank’s long-term credit...
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund IMF, said at the conclusion of the virtual meeting of the Group of 20 (G20) Finance...
Banks operating in the country have decided to reduce the amount customers can spend abroad using debit cards. Some of the banks said that banks took...
The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and relevant agencies for the...
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, National Bureau of Statistics said in its report...
The bearish sentiment in the local bourse persisted as the All-Share Index declined on 3 of 5 trading days – Monday (-44bps), Tuesday (-34bps) and Friday (-17bps) – with...
Refinitiv has said in a report that investment banking fees in Sub-Saharan Africa reached an estimated $64.5 million during the second quarter of 2020, half the...
The stock market sustained previous day’s positive performance as gains in MTNN (+2.6%), AIRTELAF (+2.4%) and GUARANTY (+2.3%) drove the benchmark index up 82bps to settle at 24,330.06 points. Consequently, investors gained ₦12.6bn as market...
Nigeria hopes changes it has made to gold mining regulation will earn the government $500 million a year in royalties and taxes and create 250,000 jobs,...
Shareholders of Jaiz Bank Plc are to receive a total of N884million dividend payment subjected to appropriate withholding tax. The Chairman of the Bank Alhaji Umaru...