The Central Bank of Nigeria (CBN) in Abuja said that no Nigerian Bank was in distress. The Central Bank stated this in…
Category:
Economy
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Some shareholders of Ikeja Hotel Plc say the decision of Nigerian Stock Exchange (NSE) to place the company’s shares on full suspension…
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The Nigerian National Petroleum Corporation (NNPC’s) under-funding cash calls hit 2.5 billion dollars in 2016, says Dr Maikanti Baru, its Group Managing…
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The Federal Ministry of Finance has announced the constitution of a committee to recover unremitted operating surpluses of agencies of government,…
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$1.09759 billion from UK, $340.64 million imported as FDI Portfolio investors bring in $920.32million Banking sector attracts $555million Shares account for $646.28…
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BusinessEconomyFinanceNewsStock Market
FG will not force privatize companies to list on Exchange—-Osinbajo
—DMO set to raise more funds to finance budget Vice President Professor Yemi Osinbajo weekend said that the federal government will not…
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The general rise in prices of goods and services in Nigeria hit a new time high of 18.3 per cent in October.…
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The Head of the World Trade Organisation (WTO) on Wednesday said the United States continued to hold a pivotal role in global…
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Activities on the Nigerian Stock Exchange (NSE, Wednesday remained on a bearish posture with the market indices dropping by 0.72 per cent,…
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Some financial experts have advised the Federal Government to look inward and adopt policies that would grow the economy organically as Donald…
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BusinessEconomyMaritimeNews
Bill to encourage private sector participation in ports operation passes second reading
A Bill seeking legislative framework to provide enabling environment for private sector participation in maritime sector scaled through second reading on Tuesday…
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BusinessEconomyFinanceNews
CBN warns Nigerians in Diaspora against illegal international money transfer operators
The Central Bank of Nigeria (CBN) has warned customers to beware of international money transfer operators offering very low foreign exchange rates.…
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Dangote Group said its 650,000 barrels per day capacity refinery currently under construction in Lagos would come on stream by the end…
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The Nigerian equity market on Tuesday depreciated further with the market capitalisation losing N180 billion due to persistent profit taking embarked upon…
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Foremost international rating group for financial institution, Moody’s Investors Service, (“Moody’s”) has assigned Aa1.ng/NG-1 national scale local and foreign currency issuer ratings…