Secretary to the Government of Nigeria (SGF) Mr Babachir Lawal said in Abuja that Nigerians living abroad remitted $21 billion to the…
Finance
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The naira Wenesday depreciated at the parallel market by N7 against the dollar. Vanguard investigation showed that the parallel market exchange rate…
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Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI) Mr Waziri Adio said that Nigeria lost over $5.9 billion in 2013. Adio said…
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Central Bank of Nigeria has said that it has no immediate plan to sell Skye Bank saying it has issued guarantees to…
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Nigeria’s economy is likely to contract by 1.8 per cent this year, the International Monetary Fund (IMF) restated yesterday in its global…
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Sterling Bank has dumped Keystone Bank after finding it unsuitable and is now focused on raising funds as it considers other acquisitions,…
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—-recurrent stood at 73% —-capital and transfer 18 per cent —- Federally-collected revenue, N1.26859trn, —-drop in oil and non oil revenue —-…
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Less than a week after Lagos State Government directed all its Agencies, Ministries and parastatals to increase business relationship with Skye Bank,…
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Guaranty Trust Bank, Stanbic IBTC and Keystone Bank have been queried by the Accountant General of the federation for violating the Treasury…
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A Federal High Court in Lagos, has halt the electricity tariff increment announced by the Nigerian Electricity Regulatory Commission, NERC. The judge,…
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Activities on the Nigerian Stock Exchange (NSE) on Tuesday inched up with market indicators rebounding by 0.15 per cent. The All-Share Index…
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Central Bank of Nigeria (CBN) has said that no bank in Nigeria is distressed. In a statement signed by its Acting Head…
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Skye Bank’s New GMD Explains CBN Action, Assures Customers of Safety of Funds
The new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has affirmed the Central Bank of Nigeria’s (CBN) statement…
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— appoints Ahmad, Abiru as new helmsmen CBN yesterday sacked the Managing Director and 11 directors of Skye Bank including the…
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Trading at the Nigerian Stock Exchange on Monday nose dived with market indices dropping by 1.04 per cent, amid sell pressure. As…