The Central Bank of Nigeria, CBN, has put in place a full float of the Naira, which will make the exchange rate…
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Finance
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FMDQ Securities Exchange records N7.43trn transactions in May
The FMDQ OTC Securities Exchange says it posted transactions valued at N7.43 trillion in fixed income and currency markets (FIC) in May.…
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Kemi Adeosun – Minister for Finance address at Stakeholders Meeting held with Commissioners of Finance on the Fiscal Sustainability Plan ( FSP)
I welcome you to this engagement, which is a critical part of the President Buhari led administration’s plans to reset and reflate…
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Federal and state government have agreed that states should no longer seek loans from banks but focus on internally generated revenue to…
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The Central Bank of Nigeria will today announce details of the much anticipated ‘flexible’ foreign exchange rate policy. Acting Director, Corporate Communications…
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The Federal Government recorded a deficit of N725.18 billion in its fiscal operations in the first quarter of 2016, according to data…
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Indications emerged weekend that banks have started to close the accounts of suspected Bureaux de Change and some politically exposed persons to…
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Bank workers can now heave a sigh of relief, as Deposit Money Banks, under the aegis of Bankers Committee have agreed to…
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International carriers may follow the example of United Airlines and Iberia and halt operations in Nigeria or cut flights as they struggle to…
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Acting Managing Director, Bank of Industry (BOI), Mr Waheed Olagunju, said that the bank targeted to disburse N212 billion this year which…
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Central Bank of Nigeria Communique No 107 of the Monetary Policy Committee Meeting of Monday and Tuesday 23rd and 24th May 2016…
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Retains MPR at 12%; CRR 22.5 %, Liquidity at 30% The Central Bank of Nigeria, CBN, yesterday, announced “a flexible exchange rate…
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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…