Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards...
Last week the Nigerian financial markets maintain some level of stability. While the stock market sustained a positive outlook, the Naira exchange rate remain stable despite...
Bayelsa State government has said it generated N1.2 billion revenue internally for the month of March 2020. The figure is one of the highest collected by...
President Muhammadu Buhari has sought the approval of Senate for an external loan of 5.513 billion dollars to fund the revised 2020 Appropriation Act. Buhari’s request...
Former President Olusegun Obasanjo and Zainab Ahmed, the minister of finance, budget and national planning, have urged the board of the African Development Bank (AfDB) to...
MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under its N100 billion CP issuance programme....
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 13.50% to 12.50%. Governor, CBN, Godwin...
Following the 2-day public holiday, the stock market resumed with a positive momentum as the All-Share Index advanced 7bps to close at 25,221.23 points, driven by gains in STANBIC (+10.0%), GUARANTY (+4.6%)...
President Africa Development Bank, Akinwumi Adesina has said that the allegation against him are trumped up seeking to unjustly taints his image and integrity as well...
As part of its continued effort to mitigate the impact of the corona virus (COVID-19) on households, businesses and regulated institutions, the Central Bank of Nigeria...
The Financial Reporting Council (FRC) has launched its investigation into two Big Four audits of logistics and transport company Eddie Stobart. The investigation includes KPMG’s audit...
World Economic Forum has reported that in a matter of weeks, the pandemic forced the global economy and society, organisations and individuals to become more reliant...
Nigeria’s external reserves has been boosted as it went up to $35.77 billion. Despite the volatility in the foreign exchange market due to decline in crude oil export earnings,...
A total of $5.85 billion capital importation (inflows) came into Nigeria between January and March 2020, compared to $8.51 billion in first quarter of 2019. This...
United States of America has rejected AfDB’s exoneration of Akinwumi Adesina, the bank’s president calling for an independent probe of allegation levelled against him of nepotism,...