Insurance, other financial service sectors payment declined to N236.9 billion in 2017, according to the Central Bank of Nigeria. A breakdown of the figures available in...
The Federal Government is considering approaching the capital market to raise funds to set up an education bond to finance infrastructure in public universities, President Muhammadu...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has started investigations into an alleged misappropriation of N2.5 billion seed grant released to Nigerian Broadcasting...
The Board of Directors of the African Development Bank has approved its third equity investment of $40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended...
In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday, November 16, 2018, injected...
The Economic and Financial Crimes Commission(EFCC) has boosted the Federal treasury with the sum of N1.37 billion, which no one stepped out to claim since August....
The House of Representatives committee on Maritime is investigating 12 foreign shipping firms’ local agents accused of diverting $300 million federal government fees for their own use. Some...
Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the previous year, the highest...
Federal Government is muting the idea of setting up another Peoples Bank. This time it is to boost Small and Medium Scale Enterprises(SMEs). Vice President Yemi...
Ghana will seek to raise as much as $750 million through a sale of shares in a fund that will hold the West African nation’s stakes...
The downtrend in the domestic equities market was sustained in today’s session as the benchmark index slid 0.8% to settle at 32,108.92 points while YTD loss...
The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021. Mr Sunday Salam-Alada, Director,...
The African Export-Import Bank (Afreximbank) has launched a project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa and at making such...
In its latest round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, November 13, 2018, injected the sum of $210 million in the inter-bank...
In today’s trading session, the local bourse gained 3bps to settle at 32,152.90 points due to investors’ buying interest in STANBIC (+2.1%), ZENITH (+1.0%) and WAPCO (+8.7%). As a...