Zenith Bank has put on hold its earlier announced plans to raise N100 billion through a combination of bonds and share sales due to current economic...
Fitch Rating Agency says Nigerian banks will continue to face challenges this year, following an extremely difficult 2016. It said that “Regulatory capital ratios are high...
Nigeria has awarded a $1.79 billion contract to a Chinese firm for work on the second phase of Abuja’s mass transit railway, minister said. The three-year...
THE Senate has approved federal government request to raise additional $500 million eurobond from the international capital market to fund the 2016 Budget deficit. The approval...
Zenith International Bank Plc yesterday at it Annual General Meeting declared a profit after tax of N129.65 billion which is far above the N105.663 billion it...
Market Cap (N’bn) 8,842.9 Market Cap (US$’bn) 28.9 NSE All-Share Index 25,558.57 Daily Performance % (0.4) Week Performance % 1.1 YTD Performance % (4.9) Daily Volume...
Goldman Sachs will begin moving hundreds of people out of London before any Brexit deal is struck as part of its contingency plans for Britain leaving...
Tomato Union of Nigeria (TUN) has suggested alternatives to the Central Bank of Nigeria (CBN) policy that restricted 41 item from access to foreign exchange. Spokesman...
Background The Monetary Policy Committee met on the 20th and 21st of March, 2017, against the backdrop of persistent uncertainty in the global economy, stemming from...
Central Bank of Nigeria (CBN) said it has offered a total of $180 million to meet bids for wholesale auction and requests for invisibles such as...
The Minister of Finance has said that the Federal Government has consistently complied with all extant rules and regulations in the disbursement of the Paris Club...
Market Cap (N’bn) 8,882.0 Market Cap (US$’bn) 29.0 NSE All-Share Index 25,671.55 Daily Performance % 0.1 Week Performance % 2.1 YTD Performance % (4.5) Daily Volume...
Minister of Finance Mrs Kemi Adeosun has said that the balance in the Excess Crude Account (ECA) as at 15th March, 2017 stood at $2,459,864,724.59, recording a...
For the first time in several years, the leadership of the monetary and fiscal authorities comprising Central Bank of Nigeria CBN, Governor Godwin Emefiele; Finance Minister,...
Week of 4/30/2016 Travels $0 Inward Money Transfers $0 Cash sale to Bureau De Change & Banks* $0 Letters of Credit $899,162.25 Total Direct Remittances $273,604,734.45...