Finance

If the National Assembly passes President Muhammadu Buhari’s 2017 N7.298 trillion budget as proposed, the country will spend a hefty sum of…

South Africa’s Liberty Holdings will acquire a 75 percent stake in a Nigerian long-term insurer for $12 million, the company said. The…

CBN’s CIRCULAR ON NATIONWIDE IMPLEMENTATION OF THE CASH-LESS POLICY AS ISSUED Please be informed that the bankers committee at its 493rd meeting,…

  The International Monetary Fund has urged Nigeria to step up its economic reform efforts before the opportunity for reforms becomes more…

Managing Director Nigeria Sovereign Investment Authority NSIA, Mr. Uche Orji, has raised fresh hope of the timely completion of  Second Niger Bridge. Briefing…

Fitch rating agency has said that measures put in place by the Central Bank of Nigeria (CBN) to modify the foreign exchange…

Details of CBN guideline on school fees, Personal Travelling Allowance PTA and medicals emerged yesterday as banks started to intimate customers of…

Central Bank of Nigeria Tuesday injected a total of $370.9 million into the foreign exchange market ignorer to make foreign exchange readily…

Federal Government of Nigeria wants to borrow $1 billion from the World Bank and  sign within months  a $1.3 billion loan from China…

Minister of finance Mrs Kemi Adoesun has said that two Nigerian banks are yet to remit Ministries, Department and Agencies of the…

FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City…

By omoh Gabriel Central Bank of Nigeria has modified its foreign exchange policy. In a release signed by the Bank Acting Director…

Nigeria’s National Economic Council an economic advisory body has asked the Central Bank of Nigeria CBN to  review its foreign exchange policy. This is…

African Development Bank AfDB, said it has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing…

The Central Bank of Nigeria said it was not queried by the Attorney General of the federation on foreign exchange sale as…