The African Development Bank (AfDB) and the European Commission have signed five co-financing agreements to support road infrastructure projects in West Africa. It will also help...
The Nigeria Extractive Industries Transparency Initiative, NEITI,in its latest report has expressed concern over the volatility in the monthly revenue allocation to Federal, States and Local...
Minister of Finance, Mrs. Kemi Adeosun, has suspended the Director-General of the Securities and Exchange Commission, SEC, Mr. Mounir Gwarzo, over allegations of financial misappropriation. In...
London Stock Exchange CEO Xavier Rolet is stepping down immediately and its chairman will not seek re-election, as the exchange tries to draw a line under...
Virtual currency Bitcoin continued its stratospheric rise on Wednesday, breaking through the $10,000 barrier for the first, a record of over 900 per cent gain in...
The Central Bank of Nigeria (CBN) has injected $210million to boost liquidity in the inter-bank Foreign Exchange Market. Disclosing this in Abuja, the Acting Director, Corporate Communications...
The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for...
Fitch Ratings has assigned Nigeria’s USD1.5 billion 6.500% senior unsecured notes due 28 November 2027 and USD1.5 billion 7.625% senior unsecured notes due 28 November...
Some capital market operators have predicted that the Nigerian Stock Exchange (NSE) All-Share Index would likely close 2017 with over 40 per cent growth. The operators...
(Reuters) – Bitcoin’s vertiginous ascent showed no signs of abating on Monday, with the cryptocurrency soaring to another record high just a few percent away from...
Several International Bankers have sounded a warning about the mega risks involved in embracing bitcoin, which this week soared to a new record high of more than...
The Central Bank of Nigeria (CBN) has injected the sum of $287.89 million into the Retail Secondary Market Intervention Sales (SMIS) in continuation of its resolve...
The Senate on Thursday announced the postponement of debate and consideration of the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Chairman, Senate Joint...
The equities market rebounded today, closing positive as the All Share Index rose 22bps to settle at 36,688.75points, while YTD return expanded to 36.5 per cent....
President, African Development Bank (AfDB), Dr Akinwumi Adesina, says the bank would invest $12 billion in the power sector in Africa in four years with the...