Federal Government is seeking approval from National Assembly to borrow $1.3 billion from international lenders to fund the newly licensed Development Bank of Nigeria, a spokesman...
Shareholders of Dangote Cement were full of praises for the Board, Management and staff of the company after approving the dividend payout of N144.8 billion, which...
The African Development Bank Group and the International Finance Corporation have signed a memorandum of understanding in Ahmedabad, India, aimed at promoting investments that benefit women...
Waheed A. Olagunju, the acting CEO and Managing Director of Bank of Industry has been honoured with this year’s African Banker Icon award by the African...
Following the conclusion of the Monetary Policy Committee Meeting on Tuesday, the Central Bank of Nigeria (CBN) has injected the sum of $186.5million into the invisible...
Nigeria will exit recession by the end of the third quarter, central bank governor Godwin Emefiele said again. Emefiele also told reporters that the bank wanted...
Ahead of the outcome of the ongoing Monetary Policy Committee meeting in Abuja, the Central Bank of Nigeria has injected over $255 million in to the...
Moody Rating Agency has said that currency devaluation has eroded the quality of Nigeria banks loan quality, profitability and capital stock. In a report titled Sub-Saharan...
Africa economy is expected to grow by 3.4 per cent in 2017 a report by Africa Development Bank released in India has said. The report said...
International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counter party credit ratings to the United Bank...
The Federal Government, 36 states and their local government areas have so far shared N1.4 trillion from the federation account, being revenue generated in the first...
With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run against the United States...
Central Bank of Nigeria (CBN) has released a list of items, mainly raw materials, that can source foreign exchange (forex) from the market. The list, signed by...
Central Bank of Nigeria has said that a total of $2.37 billion was the amount that came into the country through official channels. It also said...
Acting President Yemi Osinbajo, SAN, has advocated a new paradigm in financing infrastructure projects in Africa in order to close the huge infrastructure gap in the...