Retains MPR at 12%; CRR 22.5 %, Liquidity at 30% The Central Bank of Nigeria, CBN, yesterday, announced “a flexible exchange rate…
Finance
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Britain’s Serious Fraud Office (SFO) has widened its investigation into Rolls-Royce to examine allegations of suspected bribery in Nigeria, the Financial Times…
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There is no truth whatsoever in speculations that the naira has been devalued or that a devaluation is imminent, the Central Bank…
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Shareholders of companies traded at the Nigerian Stock Exchange lost as much as N1.2 trillion in the first four months of the…
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Naira, Monday appreciated by N10 to exchange at N350 to dollar in the parallel market. There was volatility in the parallel market…
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Zenith Bank Plc and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism, over the…
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Activities on the Nigerian Stock Exchange (NSE), on Monday rose, with market capitalisation improving by N130 billion following price appreciation by some…
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Investors on the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 198.46 million shares worth N1.60 billion transacted in 3,538…
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Sterling Bank and Access Bank have notified the Nigerian Stock Exchange (NSE) about their operations concerning the ongoing investigations by the Economic…
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The directors of ten banks collected N7.6 billion as fees and allowances in 2015, representing 1.58 percent of the banks’ profitability during…
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Activities on the Nigerian Stock Exchange (NSE) on Friday reacted positively to 2016 Budget signing by President Muhammadu Buhari with the market…
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Nigeria recorded N3 trillion inflow into the Treasury Single Account TSA) in the first quarter of 2016. The Accountant General of the…
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AgricultureBusinessFinanceNews
ECOWAS programme targets 60,000 MT of rice paddy in 2017, says official
Coordinator of ECOWAS-initiated Rice Seed Up Scaling Programme Mr Sunday Okelola, says farmers in seven Nigerian states will be assisted to produce…
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United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject…
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BusinessEconomyFinanceNewsStock Market
Shareholders task SEC on CAMA review over N90bn unclaimed dividends
Some shareholder groups yesterday in Lagos called for review of the Companies and Allied Matters Act (CAMA) in view of unclaimed dividends…