Naira lost 10k to the dollar at the Central Bank of Nigeria (CBN) biweekly Wholesale Dutch Auction System (WDAS) on Wednesday. The apex bank disclosed this...
Nigeria’s stock exchange is reviewing applications from some leading global investment banks to join its trading floor, as reforms aimed at improving liquidity and transparency bear...
Carlyle Group is looking at a number of banks in east and West Africa for a potential investment, its Africa co-head said, as the U.S. private...
The Central Bank of Nigeria (CBN) said on Monday that it sold foreign exchange worth $300 million in the 26th Wholesale Dutch Auction System (WDAS). The...
The Nigerian Export-Import (NEXIM) Bank said on Wednesday that it would execute a 60 million dollar Regional Sealink Project for West and Central Africa. The project,...
By Omoh Gabriel The International Monetary Fund IMF has asked the Federal Government to reduce poorly-targeted fuel subsidies, adopt a rule to set the reference oil...
By Omoh Gabriel The International Monetary Fund IMF, last week advised the Central Bank as well as the federal government to consider winding down the operation...
ForexTime Ltd (FXTM) has announced the launch of ZuluTrade; a platform that provides all ForexTime traders with the ability to follow and mirror the activities of...
Group Managing Director of Union Bank Mr Emeka Emuwa yesterday said that the focus of the new look Union bank was to deliver service at the...
—Do not have any social media account By Omoh Gabriel, Business Editor The Governor, Central Bank of Nigeria, Mallam Sanuis Lamido Sanusi has restated his position...
The naira closed at a two-week high against the dollar on Friday, firming 0.38 percent on the day thanks to dollar sales by two oil companies...
The National Economic Council (NEC) has approved disbursement of additional one billion dollars from the Excess Crude Account (ECA) to the three tiers of government. Gov....
London Stock Exchange on Thursday admitted Zenith Bank, one of Nigeria’s largest banks, to its Main Market. The company is listing Global Depository Receipts (GDRs) in...
Activities on the Nigerian Stock Exchange (NSE) for the second consecutive day ended on the bullish trend on Tuesday with the All-Share Index appreciating by 0.17...
The Monetary Policy Committee has retained the monetary policy rate at 12 per cent. The Central Bank Governor, Malam Saunusi Lamido Sanusi, disclosed this while briefing...