Standard Bank said the Nigerian central bank (CBN) may review a decision to penalise its West African unit for allegedly breaking the…
Finance
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Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), has said that 6,772 corporate bank accounts will be frozen for…
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Today, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index 0.3% lower to close at 32,451.27…
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The National Bureau of Statistics (NBS) says the country’s foreign debt stands at 22.08 billion dollars and the domestic debt N3.48 trillion.…
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The Nigerian National Petroleum Corporation (NNPC) says it has no hidden 470.5 million dollars and Eight billion Naira in any commercial bank…
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The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total…
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The Central Bank of Nigeria CBN has revoked the operational license of ailing Skye Bank Plc and set up a bridge bank…
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In today’s trading session, gains in bellwethers – WAPCO (+9.9%), UBA (+4.0%) and ETI (+2.9%) drove the All Share Index (ASI) by…
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The Central Bank of Nigeria (CBN) has said that the recent sanction imposed on four banks was not designed to restrict investors…
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The International Islamic Liquidity Management Corp (IILM) has appointed Umar Oseni as its acting chief executive after the resignation of Abdoul…
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Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to the institute of…
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In today’s session, the domestic equities market reversed its bearish performance as gains in FBNH (+6.1%), NESTLE (+2.3%) and UBA (+6.9%) drove…
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The Central Bank of Nigeria (CBN) and the Bureau of Public Enterprises(BPE) have signed an agreement for the sale of the Federal…
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The Central Bank of Nigeria (CBN) has again intervened in the inter-bank Foreign Exchange Market to the tune of $210 million. According…
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It was a gathering of who is who in Nigeria at Eko Hotel convention centre to honour Jim Ovia…