Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has announces its 2016 fiscal year results. Sumary of financial performance *...
BREAKING NEWS: The Central Bank of Nigeria has adjusted the exchange rate of the naira from N307 to the dollar to N360 per dollar. The new...
Capital releases to Federal Ministries, Departments and Agencies (MDAs) for the 2016 budget, have reached a record N1trillion, the highest ever budgetary releases in Nigeria’s annual...
Capital released to ministries, departments and agencies of the federal government under the 2016 budget has reached a record N1 trillion the finance minister Mrs Kemi...
Central Bank of Nigeria (CBN) on Friday, March 24, 2017, concluded transactions on the sum of $100 million earlier offered at the interbank market to meet...
The surplus supply of dollars has again jolted speculators and caused a further increase in value of the Naira. The foreign exchange market closed on Friday...
Following Thursday’s FOREX wholesale auction, the Central Bank of Nigeria (CBN) on Friday, March 24, 2017, concluded transactions on the sum of $100 million earlier offered...
Reuters The International Monetary Fund (IMF) is expected to warn Nigeria that its economy needs urgent reform, according to a report seen by Reuters that could...
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...