Nigeria’s economy is likely to contract by 1.8 per cent this year, the International Monetary Fund (IMF) restated yesterday in its global economic outlook released in...
Sterling Bank has dumped Keystone Bank after finding it unsuitable and is now focused on raising funds as it considers other acquisitions, its chief finance officer...
—-recurrent stood at 73% —-capital and transfer 18 per cent —- Federally-collected revenue, N1.26859trn, —-drop in oil and non oil revenue —- total allocation to states...
Less than a week after Lagos State Government directed all its Agencies, Ministries and parastatals to increase business relationship with Skye Bank, another State of the...
Guaranty Trust Bank, Stanbic IBTC and Keystone Bank have been queried by the Accountant General of the federation for violating the Treasury Single Accounts (TSA) guidelines...
A Federal High Court in Lagos, has halt the electricity tariff increment announced by the Nigerian Electricity Regulatory Commission, NERC. The judge, Justice Mohammed Idris in...
Activities on the Nigerian Stock Exchange (NSE) on Tuesday inched up with market indicators rebounding by 0.15 per cent. The All-Share Index recorded marginal gain, appreciating...
Central Bank of Nigeria (CBN) has said that no bank in Nigeria is distressed. In a statement signed by its Acting Head of Communication Mr. Isaac...
The new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has affirmed the Central Bank of Nigeria’s (CBN) statement that Skye remains healthy...
— appoints Ahmad, Abiru as new helmsmen CBN yesterday sacked the Managing Director and 11 directors of Skye Bank including the Chairman of the board....
Trading at the Nigerian Stock Exchange on Monday nose dived with market indices dropping by 1.04 per cent, amid sell pressure. As a result the All-Share...
CBN Press release on Skye Bank Plc 1. The Central Bank of Nigeria (CBN) would like to inform the general public of its decision to effect...
Some federal government agencies now operate bank accounts in violation of the Treasury Single Account (TSA). The TSA is a bank account or a set of...
Zenith, First Bank, Gtbank, Access Bank and Diamond are among the ten Nigerian banks that made the 2016 Top 1000 World Banks ranking by Financial Times....
The new foreign exchange policy yesterday received a $20 million foreign investment boost as the Central Bank of Nigeria, CBN, and Citibank Nigeria Limited executed the...