Some federal government agencies now operate bank accounts in violation of the Treasury Single Account (TSA). The TSA is a bank account…
Finance
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Zenith, First Bank, Gtbank, Access Bank and Diamond are among the ten Nigerian banks that made the 2016 Top 1000 World Banks…
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The new foreign exchange policy yesterday received a $20 million foreign investment boost as the Central Bank of Nigeria, CBN, and Citibank…
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Nigerian banks lost N3 billion to fraudsters in 2015 with temporary staff accounting for 67 percent of the money lost. Nigeria Deposit…
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The exit of Britain from the European Union (EU) has a number of immediate and remote implications for the Nigerian economy. First,…
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***Says fiscal discipline is a destination, Minister of Finance, Kemi Adeosun, yesterday said that states must publish their accounts at end of…
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The Central Bank of Nigeria (CBN) has formally flagged off the Naira Settlement Foreign Exchange Market on Monday, June 27, 2016 in…
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—Banks’ profits drop by N11.1bn —Shareholders extol management for surviving challenging times Nine banks quoted on the Nigerian Stock Exchange, NSE paid…
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Nigeria’s swift one-step move to a floating currency has been welcomed by investors but most nonetheless will stay away until economy shows…
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—-as CBN injects $150m Interest rates in the interbank money market rose sharply to N51 percent yesterday as banks scramble for naira…
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The All-Share Index of the Nigerian Stock Exchange (NSE) on Wednesday crossed the 30, 000 mark following gains posted by some highly…
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—Fund that has grown from N9b to N13.2b in five years The Bank of Industry (BoI) yesterday explained that the investigations by…
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The market indices of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by 2.27 per cent as investors reacted positively to the…
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…Ask for Adeosun’s removal …protests unnecessary, says ministry spokesman Activities were grounded at the headquarters of the Federal Ministry of Finance, Abuja,…