Union Bank has started its Rights Issue through the sale of shares to existing shareholders to raise the sum of N50 billion after regulatory approval from...
ADELABU, ADEBAYO The improvement in the performance of key macroeconomic variables, which commenced in the early part of the year, appears to have been fairly sustained....
Christian Association of Nigeria has kicked against the plan Issuance of shout bond in Nigeria. In a statement signed by Rev. Dr. Musa Asake, General Secretary,...
Norway’s sovereign wealth fund hit $1 trillion for the first time driven higher by climbing stock markets and a weaker U.S. dollar. The milestone valuation was...
Nigeria Debt Management Office DMO plans to auction N135 billion in bonds next week on behalf of the federal government. The plan was published in DMO...
The benchmark index maintained its negative momentum at the end of session, shedding 8bps to close at 34,846.82 points while YTD gain retreated to 29.7 per cent....
The Central Bank of Nigeria (CBN) has threatened to sanction any Deposit Money Bank (DMB) in breach of its earlier directive of March 3, 2017 instructing...
African Development Bank (AfDB) has commenced a new youth training drive in partnership with the Brazil-Africa Institute to train young farmers (aged 18-35 years) in commodity...
At a gathering of senior policymakers and developments experts hosted by UK’s leading foreign policy institute, the Chairman of Heirs Holdings, Tony Elumelu, spoke on a...
Nigeria’s external debt stock as at June 2017 stood at $15.047billion while domestic debt stood at N19.63 trillion. Domestic debt is made up of both federal...
Central Bank of Nigeria CBN has introduced electronic certificate for capital importation to replace the hard copy that has been in use. The apex bank in...
The Central Bank of Nigeria (CBN), in its relentless effort to keep the inter-bank foreign exchange market liquid has intervened with another sum of $250 million. A...
Top officials of United Bank for Africa(UBA)Plc participated at the roundtable Forum organised in Paris by the government of the Republic of Tchad, on the financing of...
The African Development Bank (AfDB) has emphasised the need to ensure coherence between the East Africa’s regional integration agenda and the engagement of the Horn of...
The Central Bank of Nigeria (CBN) has assured of its continued intervention in the inter-bank Foreign Exchange market in order to sustain liquidity and stability in...