US District Judge Katherine Forrest has ordered a controversial Nigerian businessman, Jimoh Ibrahim, to pay over $10 million for failing to meet his obligations on two...
The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2 million for corporate bodies from Oct....
Weekly transactions on the Nigerian Stock Exchange closed on a positive note on Friday with the market indices on the rise. The All-share index appreciated by...
The Federal Government has earmarked $8 billion dollars for the execution of the Nigerian Gas Master Plan with specific interest in meeting the gas-to-power demand in...
The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the ongoing power reform in the country....
The Central Bank of Nigeria (CBN) says it has suspended its Wholesale Dutch Auctions (WDAS) to check money laundering in the foreign exchange market. A circular...
The Central Bank of Nigeria (CBN) has confirmed Malam Rislanudeen Muhammad as the Acting Managing Director of Unity Bank Plc. This followed the retirement of Mr...
The Central Bank of Nigeria (CBN) said it has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange malpractice. Malam Sanusi Lamido...
The World Bank Board said it has approved a $300 million credit to boost Nigeria’s efforts to provide affordable mortgages for middle-income and lower income families....
Any operators of failed Microfinance Banks involved in feraudulent practices will be handed over to the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and...
