The Central Bank of Nigeria (CBN) has stepped into the inter-bank sector of the Foreign Exchange market, yet again, intervening in the wholesale segment and...
The Plateau Government on Tuesday declared N3.09 billion Internally Generated Revenue (IGR) in the first quarter of 2018. Mr Dashe Arlat, the Chairman, Plateau State...
The African Development Bank (AfDB) says that Africa loses about $50 billion annually to illicit financial flow in the continent. Mr Ebrima Faal, Director, AfDB, Nigerian...
Lagos State Commissioner for Economic Planning and Budget Mr Olusegun Banjo said the state has recorded a revenue of N141.96 billion in the first quarter of...
United Bank for Africa (UBA), on Monday endorsed the payment of N22.23 billion final dividend declared by the board for the financial year ended Dec. 31,...
The bearish performance of the domestic bourse was sustained as the All Share Index (ASI) fell 12bps to settle at 40,763.93 points today while YTD...
World Economic Forum has said that the hype on Blockchain technology is misleading and untrue. In a statement it said “Blockchain has been hailed as...
Contrary to insinuations, Finance minister Kemi Adeosun and CBN governor Godwin Emefiele, never confirmed they would attend Investors’ Summit in Washington. They were not scheduled to...
Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best to regulate the technology. “The...
…$322m Abacha funds earmark for Social Safety Nets Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin...
The World Bank Group’s shareholders today endorsed an ambitious package of measures that include a $13 billion paid-in capital increase, a series of internal reforms, and...
South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering of its Nigerian business...
In its relentless move to guarantee liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market...
The Federal Operation Unit Zone B of Nigeria Customs Service said on Thursday it seized 1, 500 bags of smuggled rice and vegetable oil valued over...
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for...