Minister of finance Mrs Kemi Adoesun has said that two Nigerian banks are yet to remit Ministries, Department and Agencies of the federal government into the...
FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City Monument Bank Limited (FCMB...
By omoh Gabriel Central Bank of Nigeria has modified its foreign exchange policy. In a release signed by the Bank Acting Director Corporate Communication, Mr. Isaac...
Nigeria’s National Economic Council an economic advisory body has asked the Central Bank of Nigeria CBN to review its foreign exchange policy. This is coming on the heels...
African Development Bank AfDB, said it has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing in affordable housing for...
The Central Bank of Nigeria said it was not queried by the Attorney General of the federation on foreign exchange sale as being speculated in some...
The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was indebted to it to...
Central Bank of Nigeria (CBN) has said that it disbursed a total sum of $2.83 billion to intervene in the foreign exchange market for utilization in...
Nigeria’s Debt Management DMO, said it has raised N160 billion bonds at its second debt auction this year at yields lower than the inflation rate. The DMO...
Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs) of 10 banks and...
African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint corporate...
Treasury Single Account (TSA) now has a total of N5.2trillion since its implementation started in October 2015. The Accountant General of the Federation, (AGF), Alhaji Ahmed Idris,...
French car maker Peugeot on Tuesday said it was in talks with General Motors over a potential acquisition of its European business Opel. The company, officially...
Federal Government has said that the almost 8-fold over-subscription of its recent Eurobond (orders in excess of $7.8 billion compared to a pre-issuance target of US$1bn)...
The Chartered Institute of Stockbrokers, (CIS) has concluded arrangement to commence a new certification policy that would enable an aspiring stockbroker to specialize in a particular...