Diamond Bank Plc has reassured its customers of enhanced quality service delivery and commitment to meet its banking obligations despite the announcement…
Business News Report
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Central Bank of Nigeria has lifted its suspension and readmitted United Bank of into the foreign exchange market. A statement by the…
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BusinessEconomyFinanceNews
Banks forex suspension: blame game galore as naira falls to N402 per dollar
A heated blame game is trailing the suspension of nine banks from the foreign exchange market as a result of non remittance…
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The President of Manufacturers Association of Nigeria (MAN), Mr Frank Jacob, says in spite of the current economic recession in Nigeria, the…
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Director, Institute for Agricultural Research (IAR), Zaria, Prof. Ibrahim Umar-Abubakar, said Nigeria’s wheat import bill stood at $6 billion annually. Umar-Abubakar said…
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The Central Bank of Nigeria CBN, yesterday suspended nine banks from further dealing in foreign exchange transactions, until they remit all outstanding…
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***Diamond, Skye Bank, First Bank, Keystone, others fingered The Central Bank of Nigeria CBN, yesterday suspended nine banks from further dealing…
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The Nigeria Deposit Insurance Corporation (NDIC) has recommitted to the realization of the Financial System Strategy (FSS 2020), the initiative aimed at…
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Some major blue chips on the Nigerian Stock Exchange (NSE) on Tuesday recorded price depreciation as a result of profit taking by…
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First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Patrick Iyamabo…
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Manufacturers in the country have decried the high interest rate and poor access to foreign exchange, which according to them has hindered…
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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday blamed the continued fall in the value of the naira…
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BusinessEconomyFinanceNews
Buhari says Africa can survive economic challenges with home-grown innovations
President Muhammadu Buhari says African countries survive the current economic and financial challenges with home-grown innovations. The president said this while declaring…
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Trading activities on the Nigerian Stock Exchange (NSE) on Tuesday sustained a positive trend with the market capitalisation inching up by N25…
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Chief Executive of SunTrust Bank, Muhammed Jubrin, has assured operators in the small and medium scale enterprises sector that his bank will…