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 $150 on...
JSE Ltd. (JSE), operator of Johannesburg’s stock exchange, dismissed Allan Thomson as director of equity derivatives trading for irregular trading on his own account. Thomson, 45,...
The naira appreciated slightly against the U.S dollar at the inter-bank market on Wednesday, after the CBN and some oil firms sold dollars directly to banks...
Market Cap (N’bn) 6,626.81 Market Cap (US$’bn) 41.57 NSE All-Share Index 20,934.96 Daily Performance % 0.15 1 Week Performance % 3.36 YTD Performance % (15.48) Daily...
UBA PLC said it is planning to raise fresh funds from the capital; market through private placement and a rights issue in order to hold enough...
The naira weakened against the U.S dollar at both the inter-bank and CBN auction yesterday as demand for the dollar outstripped supply at both markets. The...
Guaranty Trust Assurance Plc (GTAssur) unadited 9-month results for the period ended September 30, 2011. The insurer recorded a 38.5 per cent year-on-year (y-o-y) growth in...
The key driver in President Goodluck Jonathan’s transformation agenda is massive investment. This is why the ministries of Commerce and Industry were merged to form ministry...
Ecobank Nigeria Pls on Monday formally took over the operations and management of Oceanic bank International Plc sequel to its injection of over N41 billion into...
Central Bank of Nigeria CBN said weekend that it will sell dollars both directly into the market and at auctions, while it lifted the amount of...