The International Monetary Fund IMF has predicted that Nigeria will be out of recession in 2017 with a growth of 0.8 per cent. The global Multilateral...
Nigeria National Petroleum Corporation NNPC, has said that the federal authorities are aware of the lodgement of $232 million in three Nigerian Banks not seven as...
Accountant General of the Federation briefed Council on the balances in the following accounts as at 19thJuly, 2017: (i) Excess Crude Account (ECA) – $...
Seven banks have been ordered by a Federal High Court in Lagos to remit a total of $793, 200, 000 allegedly hidden with them in contravention...
United Bank for Africa (UBA) Plc has review upward the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The...
The sale of Kolawole Akanni Aluko’s plum penthouse condominium, real estate and luxury yacht in the U.S was delayed at the last minute after a new...
In a concerted effort to fast-track jobs and wealth creation through entrepreneurship, the bank of Industry (BoI) and the Ebonyi state government on Monday signed a...
The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday the low saving culture of the country and also faulted the Federal Government over the structure of the...
(Afrinvest). The Nigerian equities market extended gains to the 9th consecutive session as the All Share Index (ASI) rose 0.4% to 33,436.61 points, further buoying...
Central Bank of Nigeria has extended its guarantees to Skye Bank for another one year while it considers the bank’s recapitalisation proposal, Skye Bank said in...
The Central Bank of Nigeria (CBN), in continuation of its FOREX supply drive, on Monday, July 17, 2017, intervened in the inter-bank Foreign Exchange Market to...
The Nigerian equities market, on the first trading day of the week, extended gains from the previous week as the benchmark index climbed 12bps to 33,301.43...
Indications are that the 2017 federal budget which has been passed by the National Assembly and signed into law by the acting president is still being...
Federal Government incurred a deficit of N397.74 billion in the Month of May according to the Central Bank of Nigeria Monthly Economic Report for May 2017....
Minister of Finance Mrs Kemi Adeosun has lamented the rate at which Nigerians send their children to school in the United Kingdom that has cost the...