Market indices of the Nigerian Stock Exchange (NSE) appreciated by 0.81 per cent on Friday after days of persistent sliding. The All- Share Index grew by...
Mr Nicholas Opara, Acting Director, Supervision, National Insurance Commission (NAICOM), says the commission will insist that all financial statements in the country must comply with the...
Nigeria’s inter-bank lending rates dropped this week to an average of 14.83 per cent from last week’s 15.50 per cent after a portion of public sector...
Ecobank Transnational said it will complete the operational merger between its Nigerian unit and rival Oceanic Bank by end of 2012, its chief executive told Reuters...
Nigeria sold 110.85 billion naira ($693.90 million)in short-dated treasury bills at an auction on Thursday, with yields falling sharply compared to the trend at the previous...
Nigeria’s stock index reached its lowest level in almost eight years on Thursday, Reuters data showed, as persistent global risk aversion keeps money out of frontier...
Market Cap (N’bn) 6,281.65 Market Cap (US$’bn) 39.40 NSE All-Share Index 19,961.18 Daily Performance % (0.55) 1 Week Performance % (1.96) YTD Performance % (19.42) Daily...
eTranzact International Plc, a mobile and switching company has been given the final approval to commercially launch the Mobile Money operation by the Central Bank of...
The naira was stable against the U.S. dollar at the inter-bank market on Tuesday after the Central Bank of Nigeria lowered its target trading band for...
By Omoh Gabriel Governor of Central Bank of Nigeria Lamidi Sanusi Lamido has said that the apex bank has reached the desired degree of stability for...
The CBN said two weeks ago that it was planning to review its target band for the naira in the next few days, and depending on...
The Managing Director, Nigeria Deposit Insurance NDIC Alhaji Umaru Ibrahim has disclosed that efforts are being put in place to ensure that Savannah Bank Nigeria (SBN)Plc...
By Omoh Gabriel Following the International Atomic Energy Agency’s (IAEA) disclosure that Iran may be seeking a nuclear weapon, experts say oil could exceed $150 on...
JSE Ltd. (JSE), operator of Johannesburg’s stock exchange, dismissed Allan Thomson as director of equity derivatives trading for irregular trading on his own account. Thomson, 45,...
The naira appreciated slightly against the U.S dollar at the inter-bank market on Wednesday, after the CBN and some oil firms sold dollars directly to banks...