Federal Government plans to raise N213.75 billion from short-term treasury bills at an auction on March 15, the central bank said. The government the CBN said...
Three Nigerian banks are said to have set in motion plans to take over Etisalat Nigeria despite efforts by the Nigerian Communication Commission, NCC, to broker...
Senate has set in motion moves for the verification of the status of the N90 billion unclaimed dividends warehoused by companies. This is preparatory to enacting a...
In continuation of its resolve to ease the challenge of access to foreign exchange, the Central Bank of Nigeria (CBN) on Tuesday, March 7, 2017 further...
THE National Petroleum Investment Management Services, NAPTIMS, a subsidiary of Nigerian National Petroleum Corporation, NNPC, told the Senate that in 2016, it spent the sum of $9...
Central Bank of Nigeria has directed Banks operating in the country to meet Personal Travelling allowance of customers within twenty four hours of making such request...
Panic and fears of huge loses have gripped hoarders of foreign currency as Central Bank of Nigeria CBN continued supply of foreign exchange to the market...
Federal Government has said that it realised only N398 billion in 2016 as non oil revenue, which it described as abysmally low out of the projected N1.506...
Nedbank slashes value of Ecobank stake Nedbank booked a $293 million write-down on the value of its stake in Ecobank and reported its slowest growth in...
Minister of Finance, Mrs. Kemi Adeosun said that the Development Bank of Nigeria (DBN) is being positioned to galvanise Small and Medium Scale Enterprises sector for...
—–pumps additional $80m for PTA, Fees, Medicals & $100m through Banks for Wholesale Forwards Market In keeping with its determination to increase liquidity in the foreign...
Indications emerged weekend that many banks have not been able to pick up additional foreign exchange which the CBN has on offer. Many of the banks...
Securities and Exchange Commission (SEC) has sealed up the premises of Yuan Dong (YDEC). SEC, in a statement in Abuja said Yuan Dong parades itself as an...
If the National Assembly passes President Muhammadu Buhari’s 2017 N7.298 trillion budget as proposed, the country will spend a hefty sum of N5.41 billion as cost...
South Africa’s Liberty Holdings will acquire a 75 percent stake in a Nigerian long-term insurer for $12 million, the company said. The acquisition is to enable...