Gtbank has said that most banks in the country capital adequacy ratios are below the 15 per cent required standard. The Bank in its Economic review...
Tradermoni a scheme designed and developed by the Bank of Industry, though an initiative of the federal government of Nigeria has seen the sum of N11.5...
The Federal Government, states and local governments have shared, in January, N649.19 billion as revenue from the month of December 2018. The Accountant-General of the Federation,...
The local bourse continued to enjoy buying interest this week after a brief break on Monday (ASI declined 9bps) as investors took advantage of cheap assets...
Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) on Friday, January 25, 2019, injected the sum of $289.76million...
The Development Bank of Nigeria (DBN) says it has disbursed N13.364 billion loans in the first year of its operations. Its Chief Executive, Mr Tony Okpanachi said...
President Muhammadu Buhari has inaugurated the world-class Post-Graduate Centre of Excellence at the University of Nigeria, Enugu Campus (UNEC) constructed and donated by the Central Bank...
In today’s trading session, the benchmark index maintained a positive performance for the third consecutive day advancing 0.4% to 30,989.6 points buoyed by gains in DANGCEM (+1.1%),...
Today, the domestic bourse performed positively, rising 0.5% to 30,878.56 points following gains in banking stocks – GUARANTY (+2.8%), ZENITH (+0.9%) and FIDELITY (+9.6%). Consequent on...
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has warned that the Peoples Democratic Party (PDP) presidential candidate’s suggestion that the exchange rate should be free...
Asset Management Company of Nigeria AMCON is preparing Polaris Bank for privatisation and will soon commence the process of seeking new investors to take over the...
Central Bank of Nigeria CBN has said that floating the Naira is too risky for the Nigerian economy. The apex bank Monetary Policy Committee has left...
The National Council of State has endorsed N27,000 as new National Minimum Wage, the Minister of Labour and Employment, Dr Chris Ngige, has disclosed Ngige made...
In today’s trading session, the local equities market rebounded albeit flattish, up 1bp to 30,736.9 points following gains in GUARANTY (+1.3%), ZENITH (+1.4%) and SEPLAT (+1.9%)....
Atiku Abubakar says he will split CBN into two separating supervisory and monetary policy functions if elected. He also said that he would transition the Naira...