Data released by the National Bureau of Statistics indicates that Capital importation was particularly low in January, at $187.90 million. NBS report said “This was only...
In the first trading day after the Democracy Day celebrations, the Central Bank of Nigeria (CBN) intervened in the inter-bank market to the tune of $482.6...
Federal Government has started a N100 billion Family Home Fund – an initiative of the Federal Government’s social housing project that provides inexpensive mortgages to Nigerians...
Ecobank Group’s pioneering work to use digital technology to financially empower millions of people across Africa has been recognised for driving ‘Innovation in Banking’ at the...
Thirteen African countries have signed a series of partnership agreements with India to enhance the supply of agricultural machinery, credit advancement to farmers and scientific cooperation....
In line with its commitment to promote the African culture and deepen its African footprints, Pan African financial institution, United Bank for Africa (UBA) Plc, joined...
Federal Government has appointed a substantive Managing Director for Bank of Industry and a Director General for Pencom. The two are part of the nine appointments...
The Accountant General of the Federation has disclosed to the federal executive council that the balance in the Excess Crude Account as at 24th May, 2017 stands...
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...