Central Nank of Nigeria CBN said it has sold $660 million in three- and five- month currency forwards at an auction aimed at clearing a backlog...
Foreign investment inflow into Nigeria fell from $9.6 billion about $4.52 billion, to $5.12 billion, between 2015 and 2016, according to data Obtained from the National...
MTN Group has announced that it will exchange its 51% interest in Nigeria Tower InterCo B.V., the parent company of INT Towers Limited (“INT”), the Nigerian...
Federal Government of Nigeria plans to raise about $300 million by selling a diaspora bond targeting Nigerians living abroad, First Bank said. The bond, which will...
Nigeria’s foreign exchange reserves as at end of January 2017 rose by 8.39 percent to $27.88 billion from a month ago, climbing to their highest level...
Medview Airline said it will be “List its share on the floor of the Nigerian Stock Exchange by Introduction” January 31, 2017. It will be the...
The value of cash withdrawals through Automatic Teller Machines (ATMs) rose sharply to N4.7 trillion in 2016, indicating increasing appetite for cash transactions among Nigerians. This...
Following media reports alleging irregularities in the rates at which foreign exchange was obtained by some individuals and companies from different Deposit Money Banks (DMBs) under...
The Comptroller-General (C-G) of the Nigeria Customs Service (NCS) Col. Hameed Ali (rtd) said that the ban of importation of vehicles through the nation’s land borders...
Senate has asked its Committees on Public Procurement and Works to as a matter of urgency, investigate alleged irregularities in awards and the inflation of two...
Background The Monetary Policy Committee held its first statutory meeting of fiscal 2017 on 23rd and 24th January, 2017 against the backdrop of increased uncertainty arising...
The federal government has ruled out any form of subsidy funding for the power sector, which some operators suggest may provide a way out for the...
My focus will be on “Towards a resilient economy”, because virtually all the actions and policies that are required to help build a resilient economy are...
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele has debunked the insinuations in some quarters that policies of the government were meant to favour the...
United Bank for Africa (UBA) will be strongly represented at the annual meeting of the World Economic Forum (WEF), which begins in Davos, Switzerland on Tuesday....