Nigerian banks lost N3 billion to fraudsters in 2015 with temporary staff accounting for 67 percent of the money lost. Nigeria Deposit Insurance Corporation (NDIC) disclosed...
The exit of Britain from the European Union (EU) has a number of immediate and remote implications for the Nigerian economy. First, the outcome of the...
***Says fiscal discipline is a destination, Minister of Finance, Kemi Adeosun, yesterday said that states must publish their accounts at end of every financial year to...
The Central Bank of Nigeria (CBN) has formally flagged off the Naira Settlement Foreign Exchange Market on Monday, June 27, 2016 in Lagos. Speaking at the...
—Banks’ profits drop by N11.1bn —Shareholders extol management for surviving challenging times Nine banks quoted on the Nigerian Stock Exchange, NSE paid 42.2 per cent or...
Nigeria’s swift one-step move to a floating currency has been welcomed by investors but most nonetheless will stay away until economy shows signs of recovering. Nigeria...
The President of Dangote Group and Chairman, Cement Technology Institute of Nigeria (CTIN), Alhaji Aliko Dangote, has written to the Economic and Financial Crimes Commission (EFCC)...
—-as CBN injects $150m Interest rates in the interbank money market rose sharply to N51 percent yesterday as banks scramble for naira to fund the $4.2...
The All-Share Index of the Nigerian Stock Exchange (NSE) on Wednesday crossed the 30, 000 mark following gains posted by some highly capitalised equities. The index...
—Fund that has grown from N9b to N13.2b in five years The Bank of Industry (BoI) yesterday explained that the investigations by the Economic and Financial...
The market indices of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by 2.27 per cent as investors reacted positively to the implementation of the new...
…Ask for Adeosun’s removal …protests unnecessary, says ministry spokesman Activities were grounded at the headquarters of the Federal Ministry of Finance, Abuja, for several hours, Monday,...
The Federal High Court Lagos Division yesterday restrained NICON Investment Limited, Global Fleet Oil and Gas Limited and Barrister Jimoh Ibrahim from dealing with any assets...
The market indices of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by 2.27 per cent as investors reacted positively to the implementation of the new...
Activities on the Nigerian Stock Exchange (NSE) on Monday closed on a negative trend due to profit taking as investors adjusted their positions with the implementation...