By Omoh Gabriel, Business Editor Cement manufacturers in the country have petitioned the President alleging that the ministry of commerce has opened the gate for importation...
By Omoh Gabriel, Peter Egwuatu, Oscar Chimaobi, Mike Eboh Nigerians of various calling have reacted to the comment made by the National Security adviser that the...
Shareholders’ groups across the country and financial experts have described the ongoing move by the Central Bank of Nigeria (CBN) to sell the five troubled banks...
Indication emerged yesterday that the report of the Nigeria Stock Exchange on the role of Business mogul Aliko Dangote on AP shares manipulation have recommended that...
Nigeria expects its budget deficit to widen to 6.1 percent of GDP this year, more than double the level set under a fiscal responsibility act three...
By Omoh Gabriel The Economic and Financial Crimes Commission ( EFCC) said yesterday that it has arrested three of the five former MD/ CEOs of banks...
Nigeria’s debut Eurobond heavily oversubscribed Nigeria issued a $500 million debut Eurobond on Friday with a 7.0 percent yield in a deal that was heavily oversubscribed,...
By Omoh Gabriel The amount saved from oil windfall in the country’s excess crude revenue account has been depleted and what is left will not tide...
By Omoh Gabriel Mr. Eze Nwagbaraji is a tested investment banker and fund manager who has spent several years in the United States of America’s financial...
By Omoh Gabriel The Central Bank of Nigeria CBN has said that the desire of the federal government to earn more volume of naira is responsible...
The collapse of fiscal policies in the country and the total absence of governance is the bane of Nigeria’s current foreign exchange problem participant at the...
By Omoh Gabriel, Business Editor Nigeria’s excess crude account has dropped from $20 billion at the beginning of the year to $11.2 billion in June 2009....
Nigeria’s interbank foreign exchange market remained frozen on Thursday as dealers waited to see how the central bank would act to stabilise the local naira currency...
By Patience Saghana The Nigerian insurance industry is today ranked 65th globally in terms of size and 6th out of the 8 largest markets in Africa....
By Omoh Gabriel, Business Editor The caretaker of Intercontinental Bank yesterday disclosed that the bank has recovered over N 78 billion out of the N 142.644...