Naira lost 10k to the dollar at the Central Bank of Nigeria (CBN) biweekly Wholesale Dutch Auction System (WDAS) on Wednesday. The apex bank disclosed this...
Nigeria’s stock exchange is reviewing applications from some leading global investment banks to join its trading floor, as reforms aimed at improving liquidity and transparency bear...
Carlyle Group is looking at a number of banks in east and West Africa for a potential investment, its Africa co-head said, as the U.S. private...
The Central Bank of Nigeria (CBN) said on Monday that it sold foreign exchange worth $300 million in the 26th Wholesale Dutch Auction System (WDAS). The...
The rebasing of Nigeria’s GDP, which is expected to increase the estimated size of Nigeria’s economy by around 40 per cent, is likely to be delayed...
Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a positive note with market capitalisation appreciating by N163 billion due to...
The Nigerian Export-Import (NEXIM) Bank said on Wednesday that it would execute a 60 million dollar Regional Sealink Project for West and Central Africa. The project,...
By Omoh Gabriel Lagos Chamber of Commerce and Industry, a body of organised private sector operators in the Nation’s commercial center, weekend said that though the...
By Omoh Gabriel The International Monetary Fund IMF has asked the Federal Government to reduce poorly-targeted fuel subsidies, adopt a rule to set the reference oil...
Defence Headquarters has said crude oil theft had dropped from 60,000 barrels per day (bpd) to 23,000. The Chief of Training and Operations, Maj.-Gen. Lawrence Ngubane...
By Omoh Gabriel Businessmen in Nigeria, Ghana, Senegal and Ivory Coast are not favouravly disposed to discussing business at coffee shops and do not favour allocating...
ForexTime Ltd (FXTM) has announced the launch of ZuluTrade; a platform that provides all ForexTime traders with the ability to follow and mirror the activities of...
Group Managing Director of Union Bank Mr Emeka Emuwa yesterday said that the focus of the new look Union bank was to deliver service at the...
The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has reiterated the Federal Government’s commitment to the growth and development of local industries by placing...
—Do not have any social media account By Omoh Gabriel, Business Editor The Governor, Central Bank of Nigeria, Mallam Sanuis Lamido Sanusi has restated his position...