Any operators of failed Microfinance Banks involved in feraudulent practices will be handed over to the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and...
The Central Bank of Nigeria (CBN) on Tuesday retained the monetary policy rate at 12 per cent, the CBN Governor, Malam Sanusi Lamido Sanusi, said. Sanusi...
Investors on the Nigerian Stock Exchange (NSE) on Tuesday exchanged 251.31 million shares worth N2.9 billion in 4,719 deals. This was in contrast to the 261.32...
The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant is said to have...
The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday declined by N34 billion as a result of price losses by some blue chips. The...
The Asset Management Company of Nigeria (AMCON) said it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise Bank, the first of...
United Bank for Africa Plc (UBA)has announced a major restructuring that will enable it actualize its corporate vision of a true Pan-African bank. The bank said...
Transactions on the Nigerian Stock Exchange (NSE) opened on a bullish note on Monday as some major blue chips recorded price gains. Due to the price...
Weekly transacions on the Nigerian Stock Exchange (NSE) opened on Monday on a negative note as major blue chips recorded price losses. The All- share index,...
The Central Bank of Nigeria (CBN) said on Monday that it sold 221.57 million dollars (N3.4 billion) worth of foreign exchange at its 30th bi-monthly Wholesale...
The Central Bank of Nigeria (CBN) on Monday said that it sold $300 million worth of foreign exchange at its bi-weekly Wholesale Dutch Auction System (WDAS)....
The Nigerian Stock Exchange (NSE) last week recorded a turnover of 2.5 billion shares worth N17.04 billion transacted in 28,638 deals. This is against the 1.89...
The Nigeria Extractive Industries Transparency Initiative (NEITI), yesterday in Abuja said Nigeria lost over 11 billion dollars to crude oil theft and pipeline vandalism between 2009...
The Department of Petroleum Resources (DPR) says Nigeria is losing over 4.9 million dollars (more than N735 million) daily to gas flaring. Mr George Osahon, a...
Transactions on the Nigerian Stock Exchange (NSE) on Tuesday maintained the bullish trend on Tuesday with the All-Share Index crossing the 37,000 mark. The index grew...