Trading at the Nigerian Stock Exchange posted a bearish performance as profit taking in bellwethers – DANGCEM (-1.1%) and NIGERIAN BREWERIES (-1.4%) – dragged the All Share Index 48bps...
The African Development Bank (AfDB) says Africa need about one hundred and seventy billion dollars annually to meet its infrastructure requirement. Prof. Vincent Nmehielle, Secretary General...
The Central Bank of Nigeria (CBN) said it has executed a bilateral currency swap agreement with the Peoples Bank of China (PBoC). The Governor of the...
The local bourse today extended its positive run to the third session – largely due to price appreciation in DANGCEM – as the All Share Index (ASI)...
The Central Bank of Nigeria (CBN), on Wednesday, May 2, 2018, injected the sum of $210 million into the inter-bank Foreign Exchange market in continuation of...
Fidelity Bank is planning to raise addition funds through domestic bond market to boost lending and has increased provisions against indebted telecoms firm 9mobile, a senior...
The visit of President Muhammadu Buhari to U.S. President Donald Trump has yielded the finalisation of negotiations to repatriate more than 500 million dollars (about 190...
The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring unique...
Central Bank of Nigeria has in its Monetary and Trade Policy document said that in accordance with the provisions of BOFIA 1991 (as amended), banks are...
The Nigerian Police Force Pensions Ltd recorded over N75.7 billion profit for the 2017 financial year. The Chairman of the NPF Pensions Ltd, retired Inspector-General of...
The local bourse opened the trading week on a positive note as the All Share Index (ASI) inched 6bps higher to 41,268.56 points while YTD return remained flat at 7.9 per...
President Lagos Chamber of Commerce and Industry Mr. Babatunde Paul Ruwase, FCA has called on capital market regulators to embark on advocacy to make Pension Funds...
The Federal Government has affirmed its commitment to the global fight against the financing of terrorism. The Minister of Finance, Mrs. Kemi Adeosun, gave this...
An International Consortium led by GE has signed an agreement with Nigerian officials in Washington D.C. to proceed with the Interim Phase of the Nigerian narrow-gauge...
In what has been widely described as an unprecedented interest in the Nigerian economy especially since the exit from recession, 11 senior World Bank officials are...