Price Losses by major blue chip companies forced the market indicators of the Nigerian Stock Exchange (NSE) to depreciate after seven days of sustained growth. The...
THE EXCERPT: I want to start by saying that we are never upset by a critical examination of what we are doing. AMCON is big; it...
Nigeria’s total debt stock stood at $53.46 billion as at end-March 2013. This is the aggregate of Federal Government, State governments and Federal Capital Territory (FCT)...
Weekly trading on the Nigerian Stock Exchange (NSE) opened on a positive note as the All-Share Index appreciated marginally by 0.07 per cent. The index rose...
Former South African President, Mr. Thabo Mbeki said that African leaders launder about $50 billion into foreign banks annually. Mbeki made the revelation in Abuja Nigeria....
Nigeria’s poverty rate should be falling faster given its economic growth this decade, an official of the International Monetary Fund said. The share of citizens Nigerians...
The Central Bank of Nigeria (CBN) has retained the lending rate at 12 per cent, the Governor, Malam Sanusi Lamido Sanusi, said. Sanusi stated this on...
The Nigeria Sovereign Investment Authority, NSIA, has disclosed the allocation of its $1 billion (about N155 billion) take-off of capital to the three statutory funds through...
The naira eased against the U.S. dollar on the inter-bank market on Wednesday as strong demand from importers of fuel and other goods drained liquidity in...
The Debt Management Office has said that Nigeria will continue to maintain a debt to Gross Domestic Product threshold of 40 per cent considering the economic...
National Insurance Commission, NAICOM, has issued new guidelines to oversee the operation of takaful industry in Nigeria. Takaful is a type of Islamic insurance, where members...
By Omoh Gabriel Nigeria and five other countries have named by the World Bank as top recipient of global remittance. In a report released on Friday...
By Omoh Gabriel African Development Bank is exploring how structured finance techniques can mobilize African domestic capital to support economic infrastructure projects and economic growth. The...
By Omoh Gabriel Business Editor in Washington D.C The Minister of Finance and Coordinating Minister of Economy Dr. Ngozi Okonzo-Iweala said in Washington that the ability...
Investors on the Nigerian Stock Exchange (NSE) staked N5.85 billion on 573.76 million shares traded in 7,232 deals on Wednesday. The volume increased by 40.56 per...