Abu Dhabi telecoms group Etisalat may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2 billion loan, but wants the company’s debt...
Mobileye N.V. said Monday it agreed to be acquired by Intel Corp. in a deal with an equity value of $15.3 billion. Under terms of the...
Nigeria’s foreign currency stock, external reserves has moved up above $30 billion as of March 8 to its highest level since October 2015, data on the...
Central Bank of Nigeria in a bid to sustain the supply of foreign exchange to the market in order to shore up the value of the...
Access Bank has said its lending grew by 32 per cent in 2016, far above its target for that year, due largely to the devaluation of...
Here is NCC statement NCC After a meeting Thursday afternoon in Abuja between the Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof. Umar...
Nigeria Senators have demanded the appearance of Customs boss Ali before it in Uniform. Colonel Hameed Ibrahim Ali,retired since being appointed customs boss has refused to wear...
Some foreign exchange street traders have started rejecting new offer for dollar purchase as banks have started opening forex sales point at the airport and...
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...