The National Bureau of Statistics (NBS) says the country’s foreign debt stands at 22.08 billion dollars and the domestic debt N3.48 trillion. The bureau disclosed this...
The Nigerian National Petroleum Corporation (NNPC) says it has no hidden 470.5 million dollars and Eight billion Naira in any commercial bank as alleged by the...
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52million in that...
The Central Bank of Nigeria CBN has revoked the operational license of ailing Skye Bank Plc and set up a bridge bank called Polaris. CBN Governor...
In today’s trading session, gains in bellwethers – WAPCO (+9.9%), UBA (+4.0%) and ETI (+2.9%) drove the All Share Index (ASI) by 33bps to 32,480.89 points....
The Central Bank of Nigeria (CBN) has said that the recent sanction imposed on four banks was not designed to restrict investors access to return on...
The International Islamic Liquidity Management Corp (IILM) has appointed Umar Oseni as its acting chief executive after the resignation of Abdoul Aziz Ba, the Malaysia-based...
Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to the institute of Chartered Accountants in England...
In today’s session, the domestic equities market reversed its bearish performance as gains in FBNH (+6.1%), NESTLE (+2.3%) and UBA (+6.9%) drove the All Share Index...
The Central Bank of Nigeria (CBN) and the Bureau of Public Enterprises(BPE) have signed an agreement for the sale of the Federal Government’s 12.4 billion shares...
The Central Bank of Nigeria (CBN) has again intervened in the inter-bank Foreign Exchange Market to the tune of $210 million. According to the figures obtained...
It was a gathering of who is who in Nigeria at Eko Hotel convention centre to honour Jim Ovia as he launched his...
The Nigeria Labour Congress (NLC) has commended the Federal Government on its directives to the states to account for the previous Paris Club Refund released to...
Eleven years after the last recapitalisation exercise in the nation’s insurance industry, operators are resisting the newly introduced Tier-Based Minimum Solvency Capital (TBMSC) as five countries...
The Economic and Financial Crimes Commission said it did not order the purported raid on Friday of the head office of the Standard Chartered Bank in...