The Central Bank of Nigeria (CBN) has made an intervention of $311.5million in the retail Secondary Market Intervention Sales (SMIS) and CNY 15million in the spot...
Facebook Inc has announced it removed hundreds of pages, groups and accounts on its platforms for “coordinated inauthentic behaviour” linked to three operations in Indonesia, the...
Fidelity Bank Plc, top Nigerian lender on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the...
FCMB has said that it was charged N14 billion for failing to meet the central bank’s minimum loan-to-deposit ratio requirement by a September deadline, the bank...
The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N226. 6 billion as loan through the National Housing Fund (NHF) in an effort to address the...
The selloffs in NESTLE (-10.0%), UNILEVER (-7.7%) and ZENITH (-0.8%) has dragged the All Share Index (ASI) 84bps lower to settle at 27,085.69 points. YTD loss worsened to -13.8...
Access Bank Plc has unveiled a cash incentive campaign tagged: “DiamondXtra Independence Splash” in commemoration of the country’s 59 years independence. Mr Victor Etuokwu, the bank’s...
President, Muhammadu Buhari will on Tuesday, October 8 present the 2020 budget to the joint session of the National Assembly. President of the senate, Dr. Ahmad...
The African Risk Capacity (ARC) and the Southern Africa Development Community (SADC) Secretariat have signed a Memorandum of Understanding (MoU) to strengthen resilience in the region...
Leaders from the world’s two largest and oldest democracies played down talk of “torrid times” over trade at the opening day of the 2019 India Economic...
Royal Dutch Shell said on Wednesday that it had been informed by the U.S. Department of Justice that it had closed its inquiry into Shell over...
Central Bank of Nigeria has increased its target for lending by commercial banks for the second time in three months, to help boost growth. Banks that...
The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently. A statement...
Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, while net debt flows, gross disbursements minus principal payments, from...
Edo State Governor, Mr. Godwin Obaseki, has stated that his government has provided employment opportunities to not less than 150,000 persons in the state through various...