Bank workers can now heave a sigh of relief, as Deposit Money Banks, under the aegis of Bankers Committee have agreed to halt further mass sack...
International carriers may follow the example of United Airlines and Iberia and halt operations in Nigeria or cut flights as they struggle to move revenue out of...
Acting Managing Director, Bank of Industry (BOI), Mr Waheed Olagunju, said that the bank targeted to disburse N212 billion this year which would lead in creating...
Central Bank of Nigeria Communique No 107 of the Monetary Policy Committee Meeting of Monday and Tuesday 23rd and 24th May 2016 The Monetary Policy Committee...
Retains MPR at 12%; CRR 22.5 %, Liquidity at 30% The Central Bank of Nigeria, CBN, yesterday, announced “a flexible exchange rate regime” in order to...
Britain’s Serious Fraud Office (SFO) has widened its investigation into Rolls-Royce to examine allegations of suspected bribery in Nigeria, the Financial Times reported yesterday. Rolls-Royce, the...
There is no truth whatsoever in speculations that the naira has been devalued or that a devaluation is imminent, the Central Bank of Nigeria (CBN) has...
Shareholders of companies traded at the Nigerian Stock Exchange lost as much as N1.2 trillion in the first four months of the year (January – April...
Naira, Monday appreciated by N10 to exchange at N350 to dollar in the parallel market. There was volatility in the parallel market exchange rate between Friday...
Zenith Bank Plc and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism, over the weekend in Abuja, signed...
Activities on the Nigerian Stock Exchange (NSE), on Monday rose, with market capitalisation improving by N130 billion following price appreciation by some highly capitalised stocks. The...
Investors on the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 198.46 million shares worth N1.60 billion transacted in 3,538 deals. The level of...
Sterling Bank and Access Bank have notified the Nigerian Stock Exchange (NSE) about their operations concerning the ongoing investigations by the Economic and Financial Crimes Commission...
The directors of ten banks collected N7.6 billion as fees and allowances in 2015, representing 1.58 percent of the banks’ profitability during the year. The ten...
Activities on the Nigerian Stock Exchange (NSE) on Friday reacted positively to 2016 Budget signing by President Muhammadu Buhari with the market indices growing by 0.54...