In line with its agenda to spread prosperity and reduce poverty, the Federal Government will continue to initiate and sustain programmes aimed at uplifting Nigerians at...
Nigeria’s central bank has debited N2.4 billion ($7.9 million) in fines from Standard Chartered and N1.2 billion from Citigroup for allegedly helping South African telecoms firm...
Sell pressures in GUARANTY (-4.6%), STANBIC (-4.3%) and UNILEVER (-6.4%) weighed on market performance dragging the All Share Index (ASI) 88bps lower to 34,110.22 points....
As insinuations mount that China is heaping Africa with debt, Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), has denied the alleged debt crisis...
At the end of today’s trading session, the benchmark index shed 1.5% to close at 34,414.37 points as investors booked profit in DANGCEM (-3.0%), ZENITH (+2.3%), GUARANTY (+1.5%) and...
The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market.The CBN,...
The Nigeria Customs Service (NCS) said it recorded its highest ever monthly revenue of N140.4 billion in August 2018. The Customs Public Relations Officer, Mr Joseph...
Today, buying interest in banking stocks – ZENITH (+2.3%), GUARANTY (+1.5%) and UBA (+1.9%) buoyed the performance of the local bourse as the benchmark index rose...
Federal government has issued a tax demand note of $2 billion in tax arrears from MTN Group Ltd., less than a week after it was ordered...
Patrick Akin Akinwuntan, Managing Director and Regional Executive of Ecobank Nigeria, has resume at the bank. The vastly experienced banking professional is passionate about bringing customer-friendly...
As anticipated, the equities market began the trading week on a slightly negative note as the All Share Index (ASI) declined 3bps to 34,837.67 points. Consequently, YTD...
China will extend a total of 60 billion U.S. dollars of financing to Africa, Chinese President Xi Jinping has said but quickly added that the...
Argentina’s Central Bank hiked its benchmark interest rate from 45 to 60 per cent in a bid to shore up the peso, which plunged to a...
The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah, Managing...