Finance

  FBN Holdings Plc, the parent company of First bank Limited said it would  cut jobs and focus less on providing loans…

Sterling Bank Plc has posted a profit before tax of N2.8 billion for the first quarter ended March 31, 2016. This is…

President Muhammadu Buhari has raised alarm over the inability of about 24 states of the federation to pay their workers’ salaries despite…

  —-Create 5.85m jobs —-Attracted $40million foreign investment A total of 22,988 businesses in Nigeria have secured lease financing to the tune…

President Muhammadu Buhari has asked the World Bank to help Nigeria recover N102.4 billion ($320 million) looted and hidden in Swiss bank…

Africa Finance Corporation (AFC) has announced the appointment of Grant T. Harris as an independent Director. Mr. Harris joins AFC after serving four…

FBN Holdings Plc has declared gross earnings of N505.2 billion for the financial year ended Dec. 31, 2015. This was against the…

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by N20 billion due to moderate gains posted by some…

Federal Government will soon release a new blueprint to reposition the country’s insurance industry, Minister of Finance, Mrs Kemi Adeosun has said.…

Activities on the Nigerian Stock Exchange (NSE) on Thursday sustained positive growth with the market capitalisation appreciating further by N43 billion. The…

  —-17.646m tons exported through ports in 2015 —-20.626 million metric tons of refined products By Omoh Gabriel Managing Director Nigeria Ports…

The Bankers Committee said it is working to address the problem of non performing loans in Nigerian banking system which rose to…

Multinational Oil companies in Nigeria have agreed to provide about $200 million to help fund fuel imports amid a foreign-currency shortage, Petroleum…

President Muhammadu Buhari on Thursday in Abuja formally received the details of the 2016 Appropriation Bill from the National Assembly (NASS). The…

Trading on the Nigerian Stock Exchange (NSE) closed on Thursday on a negative note with the market capitalisation dropping by N3 billion…