The Federal High Court Lagos Division yesterday restrained NICON Investment Limited, Global Fleet Oil and Gas Limited and Barrister Jimoh Ibrahim from…
Finance
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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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Activities on the Nigerian Stock Exchange (NSE) on Monday closed on a negative trend due to profit taking as investors adjusted their…
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The Central Bank of Nigeria has announced plans to clear all existing backlog of Foreign Exchange (forex) demand in the country prior…
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The Central Bank of Nigeria (CBN) will today meet banks’ treasurers to clarify issues relating to the operations of the flexible exchange…
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The Central Bank of Nigeria (CBN) has unveiled a N500 billion low interest rate credit fund designed to boost non-oil exports. Announcing…
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Central Bank of Nigeria is “reasonably optimistic” the naira will settle at around N250 to the U.S. dollar after an initial period…
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Major Blue Chip Companies on the Nigerian Stock Exchange (NSE) on Wednesday posted huge gains reversing the negative trend with the equity…
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BusinessEconomyFinanceNews
REVISED GUIDELINES FOR THE OPERATION OF THE NIGERIAN INTER-BANK FOREIGN EXCHANGE MARKET
Issued 15th June 2016 Introduction In line with the objectives of enhancing efficiency and facilitating a liquid and transparent, Foreign Exchange (FX)…
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The Central Bank of Nigeria, CBN, has put in place a full float of the Naira, which will make the exchange rate…
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BusinessEconomyFinanceNewsStock Market
FMDQ Securities Exchange records N7.43trn transactions in May
The FMDQ OTC Securities Exchange says it posted transactions valued at N7.43 trillion in fixed income and currency markets (FIC) in May.…
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BusinessEconomyFinanceNews
Kemi Adeosun – Minister for Finance address at Stakeholders Meeting held with Commissioners of Finance on the Fiscal Sustainability Plan ( FSP)
I welcome you to this engagement, which is a critical part of the President Buhari led administration’s plans to reset and reflate…
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Federal and state government have agreed that states should no longer seek loans from banks but focus on internally generated revenue to…