Nigeria Senators have demanded the appearance of Customs boss Ali before it in Uniform. Colonel Hameed Ibrahim Ali,retired since being appointed customs boss…
Finance
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Some foreign exchange street traders have started rejecting new offer for dollar purchase as banks have started opening forex sales point…
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Federal Government plans to raise N213.75 billion from short-term treasury bills at an auction on March 15, the central bank said. The…
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Three Nigerian banks are said to have set in motion plans to take over Etisalat Nigeria despite efforts by the Nigerian Communication…
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BusinessFinanceNewsStock Market
Senate begins Verification of Status of N90 Billion unclaimed Dividends
Senate has set in motion moves for the verification of the status of the N90 billion unclaimed dividends warehoused by companies. This…
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In continuation of its resolve to ease the challenge of access to foreign exchange, the Central Bank of Nigeria (CBN) on Tuesday,…
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THE National Petroleum Investment Management Services, NAPTIMS, a subsidiary of Nigerian National Petroleum Corporation, NNPC, told the Senate that in 2016, it…
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Central Bank of Nigeria has directed Banks operating in the country to meet Personal Travelling allowance of customers within twenty four hours…
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Panic and fears of huge loses have gripped hoarders of foreign currency as Central Bank of Nigeria CBN continued supply of foreign…
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Federal Government has said that it realised only N398 billion in 2016 as non oil revenue, which it described as abysmally low out…
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Nedbank slashes value of Ecobank stake Nedbank booked a $293 million write-down on the value of its stake in Ecobank and reported…
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Minister of Finance, Mrs. Kemi Adeosun said that the Development Bank of Nigeria (DBN) is being positioned to galvanise Small and Medium…
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—–pumps additional $80m for PTA, Fees, Medicals & $100m through Banks for Wholesale Forwards Market In keeping with its determination to increase…
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Indications emerged weekend that many banks have not been able to pick up additional foreign exchange which the CBN has on offer.…
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Securities and Exchange Commission (SEC) has sealed up the premises of Yuan Dong (YDEC). SEC, in a statement in Abuja said Yuan Dong…
