The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total…
Category:
Finance
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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…
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The Nigeria Labour Congress (NLC) has commended the Federal Government on its directives to the states to account for the previous Paris…
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Eleven years after the last recapitalisation exercise in the nation’s insurance industry, operators are resisting the newly introduced Tier-Based Minimum Solvency Capital…
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The Economic and Financial Crimes Commission said it did not order the purported raid on Friday of the head office of the…
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The news of the resignation of Mrs Kemi Adeosun has sparked mixed reactions from Nigerians with more than 15,000 tweets within one…
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Former British Prime Minister Gordon Brown warned that the world is on the verge of sleepwalking into another financial crisis because governments…