*Says Mint suffers N1bn loss The Central Bank of Nigeria (CBN) operating surplus (net income) fell sharply by N174 billion to…
Economy
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The Securities and Exchange Commission (SEC) yesterday ordered all registrars of public companies to return all unclaimed dividends, which have been in…
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A total of 22 bankers comprising 16 staff of deposit money banks and 6 staff of the Central Bank of Nigeria (CBN)…
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A Federal High Court in Lagos has restrained the Nigerian Electricity Regulatory Commission, (NERC), from implementing the new electricity tariff which was…
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The Central Bank of Nigeria (CBN) has explained how it discovered the N8 billion currency fraud. In a statement Director, Corporate Communications,…
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Interswitch Ltd., which processes payments for banks and owns a brand of debit cards in Nigeria, is considering initial public offerings in…
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African Development Bank (AfDB) has expressed concern that the continent’s energy deficit remains large in spite of remarkable achievements in continental development.…
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— Earned interest of $29m from external reserves —-Forex inflow rose to $146.2bn, outflow $43.4bn —-Recruited 771 staff in 2013 —-$28bn spent…
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AnalysisBusinessEconomy
The economy: Break the vicious poverty circle in Nigeria, stakeholders tell Buhari
By Omoh Gabriel The Nigerian economic situation can be aptly described as an interlocking set of vicious circles that perpetuate economic stagnation…
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The Central Bank of Nigeria yesterday said that it would henceforth share with banks interest earnings on loans granted to farmers under…
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The Nigerian Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to implement the recommendations of its audit reports as part…
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Managing Director, Fidelity Bank Plc, Mr Nnamdi Okonkwo said on Tuesday that the bank was targeting a deposit growth of 10 per…
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Oil companies in Nigeria are to undergo a new licensing round, as the Federal Government yesterday, stated that it plans to separate…
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—As external reserves climb to $30bn The Monetary Policy Committee (MPC) has harmonised the Cash Reserve Requirement (CRR) of both public and…