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...
Global Business Resources, U.S.A, a consortium of international investors are in Nigeria for a follow-up discussion with the officials of Government for the realization of two...
The Chairman, Fiscal Responsibility Commission (FRC), Mr Victor Muruako, has said that the commission is more strategic in fighting financial crimes and corruption than other agencies....
— Power sector owes three banks $1.085bn Federal government plan to pay off the over N200 billion gas supply debt owed by defunct PHCN will avert...
The Bank of Industry, BOI, weekend, launched N5 billion Cottage Agro Processing (CAP) Fund. Mr. Rasheed Olaoluwa, the Managing Director of the bank, said that existing...
There are indications that some banks are not making adequate provisions for bad and doubtful loans in their books as mandated by the Central Bank of...
CENTRAL Bank of Nigeria, CBN, says it has in the past one year compelled erring banks to refund the sum of N17 billion illegal deductions and...
The Monetary Policy Committee (MPC) met on September 18 and 19, 2014 with all the 12 members in attendance. The Chairman welcomed the new member, representing...