The acting Governor of the Central Bank of Nigeria, Dr. Sarah Alade, has accused banks of aiding money laundering, which has put…
Category:
Finance
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The Naira recorded marginal increase against the dollar at the official and Bureau de Change markets on Friday, the News Agency of…
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BusinessEconomyFinanceNews
World Economic Forum on Africa attracts $68bn invesyments, says Organiser
The just concluded World Economic Forum (WEF) on Africa has attracted over 68 billion dollars (about N12.9 trillion) in investment to the African…
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EconomyFinanceNewsOil and Gas
Nigeria to unravel $20 bn missing fund in 16 weeks, China announces $30 billion China-Africa Fund
—-African governments should work harder to reduce inequality —-African leaders reaffirmed commitment to transforming agriculture —- African leaders to seek agricultural funds…
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The African Development Bank (AfDB) said the present collaboration of some African leaders was an indicator of political will to boost the…
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The World Bank, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), had approved 1.18 billion dollars about N191billion…
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Most commercial banks in the Federal Capital Territory (FCT) witnessed low patronage of customers due to the directive of the Federal Government’s…
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An official of the Central Bank of Nigeria (CBN), Mr Obinna Akoma, has expressed concern with the high incidences of dud cheques in…
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Investors on the Nigerian Stock Exchange (NSE) on Tuesday staked N4.63 billion on 511.32 million shares in 5,209 deals. The volume of…
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Activities on the Nigerian Stock Exchange (NSE) opened for the week on a negative note with the All-Share Index dropping by 0.34…
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BusinessEconomyFinanceNews
Nigeria, S-Africa, Egypt account for half of Africa’s economy — World Bank
—Global economy produced $90 trillion goods in 2011 — Switzerland, Norway, Bermuda most expensive economies — Malawi, Niger, Burundi, Liberia etc., lowest…
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THE International Finance Corporation IFC, the private sector arm of the World Bank Group has estimated the financial needs of small and…
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The National Association of Micro Finance Banks (NAMB) on Monday in Abuja said government’s stringent regulations were limiting the operations and growth…
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The African Development Bank (AfDB) has said that Africa had potential to attract 880 billion dollars (about N141.7 trillion) investment in agriculture…
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The International Monetary Fund IMF has said that despite recent strong non-oil growth in Nigeria, poverty and income inequality has remained high…