The Nigeria Deposit Insurance Corporation (NDIC) said that total deposits of commercial banks stood at N17.16 trillion as at September 2014. The NDIC Managing Director, Alhaji...
The Managing Director, Infrastructure Bank Plc., Mr Abdulrasak Oyinloye, has urged the Federal Government to invest the pension fund into financing sustainable infrastructure in the country....
The Central Bank of Nigeria will tomorrow unveil a secial N100 note to commemorate the Marion’s centenary celebrations. In statement issued by the Director, Corporate Communications,...
The Central Bank of Nigeria (CBN) has commenced investigation of two banks for foreign exchange malpractices. The two Ter 2 banks are being investigated for unbridled...
Operators in the Nigerian technology ecosystem have decried the dearth of opportunity for early stage investment for tech start-ups planning to break into e-commerce. Tech start-ups...
The Minister of Finance, Dr Ngozi Okonjo-Iweala, has advocated appropriate legal framework for Public-Private-Partnerships (PPP) that would accommodate risk sharing. Okonjo-Iweala made the call in Abuja...
Stakeholders in tax matters converged on Abuja to seek for new ways to enhance tax dispute resolutions in the country. The two-day conference, organised by the...
The Federal Government has said that it would explore other sectors, including agriculture and tax, to mitigate the impact of drop in oil prices on the...
The Federal Government on Monday removed Value Added Tax (VAT) on commissions applicable to capital market transactions. The government had, two years ago, announced that it...
Transactions on the Nigerian Stock Exchange (NSE) opened lower on Monday as the market capitalisation depreciated by N81 billion or 0.63 per cent following the losses...
FCMB Group Plc (FCMB), the Nigerian bank that bought bailed-out FinBank Plc three years ago, has suspended a planned Eurobond sale, and opted instead to borrow...
The Central Bank of Nigeria (CBN) last week stepped up its intervention in the foreign exchange market in order halt the depreciation of the naira in...
Deputy Governor, Central Bank of Nigeria (CBN), Mr. Adelabu Adebayo has called on the Monetary Policy Committee (MPC) to adopt new methods of addressing the problem...
AMCON on Tuesday appealed against an order of the Federal High Court in Lagos which revoked an earlier order which granted it to take over assets...
Investors on the Nigeria Stock Exchange (NSE) on Tuesday staked N8.08 billion on 1.079 billion shares in 4,894 deals. The volume of transactions represented 293.79 per...