President Muhammadu Buhari currently attending the Paris Peace Forum has called for stringent actions against perpetrators of illicit financial flows. He also called for a crackdown...
The African Development Bank (AfDB) has set five priorities elements to fast-track Africa’s economic transformation. The priorities are light up and power Africa; feed Africa; industrialise...
Former UBS Group AG trader Kweku Adoboli, a Ghanaian who was convicted for causing a $2.3 billion loss at the bank, was detained for a second...
The International Monetary Fund (IMF) has cautioned the Federal Government to be mindful of the country’s rising debt service to revenue ratio and take steps to...
Diamond Bank has said that no investors had come forward to inject cash into the company and that its board was reviewing all strategic options. The...
Nigerian officials will go on a roadshow to London next week ahead of a planned $2.8 billion Eurobond sale this month, two banking sources told Reuters...
Federal Government’s domestic debt service has risen to N947.99 billion as at June 2018, a 37.04 per cent increase from the previous year’s N687.37 billion, the...
As part activities to mark its sustainability Awareness Week, Access Bank on Tuesday, 6 November, 2018 partnered with social advocacy group, CSR-in–Action to train representatives...
NMTN Group Ltd.’s battles with Nigerian authorities over $10 billion in repatriated funds and back taxes could increase risk in South Africa’s financial system, the Reserve...
Zenith International Bank dominated the activity chart on the nation’s bourse, accounting for 64.04 per cent of the total volume of shares traded. The News Agency...
The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the public offering of Skyway Aviation Handling Company...
Today, investors profit taking in market bellwethers – WAPCO (-9.7%) GUARANTY (-0.7%) and DANGSUGAR (-3.4%) pulled the benchmark index down 0.1 per cent to 32,108.30 points as market capitalisation...
Russia is intensifying efforts to wean its economy off the US dollar as Washington considers tough new sanctions that could deny it access to foreign debt...
The SWIFT banking network, the backbone for international monetary transfers, said Monday it has suspended several Iranian banks from its service, after the United States reimposed...
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said Nigeria tops other African countries in remittances inflows and is among the top five globally. He...