*External reserve falls to $30.8 In an apparent bid to maintain the tight money supply and high interest rate regime in the…
Finance
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EconomyFinanceNews
Integration of West African capital market will tackle regional challenges – Ndanusa
The Chairman, Securities and Exchange Commission (SEC), Dr Suleiman Ndanusa, said capital market integration would help to tackle the regional challenges and…
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MTN Nigeria said the lack of regular public power supply is taking a toll on businesses in Nigeria saying that it spends…
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The efforts of the Nigerian Export-Import Bank (NEXIM Bank) to facilitate the establishment of a regional maritime company, The Sealink Project, has…
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Data from the Nigerian Stock Exchange, NSE, showed a significant drop in foreign investors’ participation as at December 2014, while a significant…
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The Post Master General of Nigerian Postal Services, Mallam Ibrahim Mori Baba, says the Post will bring over 40 million rural people…
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—average of $4.5 billion goes out per week —$18.6 billion was purchased from rDAS in five weeks The Nigerian economy is facing…
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—Operators commend CBN move The CBN yesterday in a bid to salvage the naira from speculators scraped the official window where it…
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The House of Representatives on Wednesday set up a special committee to meet the Minister of Finance, Dr Ngozi Okonjo-Iweala, over the…
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The Central Bank of Nigeria (CBN) yesterday scraped the Retail Dutch Auction System (RDAS) and Wholesale Dutch Auction System (WDAS) Foreign Exchange…
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BusinessEconomyFinanceNews
Nigerian Breweries Plc proposes N37.2 bln dividend for 2014 financial year
The Board of Directors of Nigerian Breweries (NB) on Friday proposed N37.21 billion as dividend for shareholders of the nation’s brewery gaint…
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BusinessEconomyFinanceNews
Transparency Int’l calls for crackdown on money launderers …says 100, 000 suspicious accounts exist in Swiss banks
Transparency International, TI, has advocated a crackdown on money launderers and the banks that aid them in the illicit funds transfers across…
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Executive Chairman of Richbon Group Chief CJ Muonagolu has assured that about five thousand new jobs would be created when the automobile…
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*15 downscales to MFBs, Finance Houses The dust is yet to settle on the recapitalisation exercise in the mortgage sector even…