Nigeria’s First Bank will pursue an “aggressive” expansion strategy into next year as it seeks to tap into the growing consumer market in Africa’s most populous...
Trading activities on Wednesday remained on a negative trend at the Nigeria Stock Exchange as major blue chip equities recorded price losses leading to further depreciation...
African phone tower group IHS plans to sell 25 percent stake in its telecom infrastructure business to European investment firm Wendel for $125 million to fund...
Nigeria’s Starcomms has agreed a $210 million investment deal with investor group Capcom Limited for a 90.5 percent stake in the telecom business, the stock exchange...
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said that the allegation that the commission moved five oil communities from Rivers to Bayelsa was misleading. The...
The Central Bank of Nigeria (CBN) says the nation’s external reserves has risen to 42.56 billion dollars on Oct. 29, up from $42.31 billion on Oct....
President Goodluck Jonathan has ordered the two other committees set up to look into the country’s petroleum industry to submit their reports on Friday, November 2,...
Foreign exchange sales fell sharply by 69 per cent to $43.5 million at the bi-weekly auction conducted by the Central Bank of Nigeria (CBN) yesterday. Results...
By Omoh Gabriel The outgoing Group Managing Director of Union Bank PLC Mrs Funke Osibodu in her valedictory Media chat yesterday said that the Bank is...
The naira strengthened slightly against the U.S dollar on the inter-bank market on Wednesday, supported by dollar sales by a unit of ExxonMobil and some offshore...
The market capitalisation of the Nigerian Stock Exchange (NSE) dropped by N108 billion on Wednesday due to huge price losses by some blue chips. The market...
Princess Maxima, United Nations Secretary General’s Special Advocate for Inclusive Finance for Development said that all stakeholders must collaborate to ensure financial inclusion in Nigeria. Maxima...
The Institute of Capital Market Registrars (ICMR) has said that e-dividend payment policy was facing challenges because many investors were yet accept the policy. Dr. David...
The Central Bank of Nigeria (CBN) and some stakeholders in Abuja, on Monday rejected a bill seeking to remove the bank’s Governor, Deputy Governors and Executive...
Skye Bank said on Monday pre-tax profit in the nine months to September rose 45.4 per cent to N16.55billion, from N11.38 billion in the same period...