The Central Bank of Nigeria (CBN) has commenced arrangements for the start off of its cashless policy in Abuja and five other…
Finance
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Price Losses by major blue chip companies forced the market indicators of the Nigerian Stock Exchange (NSE) to depreciate after seven days…
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THE EXCERPT: I want to start by saying that we are never upset by a critical examination of what we are doing.…
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Nigeria’s total debt stock stood at $53.46 billion as at end-March 2013. This is the aggregate of Federal Government, State governments and…
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Weekly trading on the Nigerian Stock Exchange (NSE) opened on a positive note as the All-Share Index appreciated marginally by 0.07 per…
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Former South African President, Mr. Thabo Mbeki said that African leaders launder about $50 billion into foreign banks annually. Mbeki made the…
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Nigeria’s poverty rate should be falling faster given its economic growth this decade, an official of the International Monetary Fund said. The…
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The Central Bank of Nigeria (CBN) has retained the lending rate at 12 per cent, the Governor, Malam Sanusi Lamido Sanusi, said.…
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The Nigeria Sovereign Investment Authority, NSIA, has disclosed the allocation of its $1 billion (about N155 billion) take-off of capital to the…
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The naira eased against the U.S. dollar on the inter-bank market on Wednesday as strong demand from importers of fuel and other…
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The Debt Management Office has said that Nigeria will continue to maintain a debt to Gross Domestic Product threshold of 40 per…
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National Insurance Commission, NAICOM, has issued new guidelines to oversee the operation of takaful industry in Nigeria. Takaful is a type of…
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By Omoh Gabriel Nigeria and five other countries have named by the World Bank as top recipient of global remittance. In a…
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EconomyFinanceNews
AfDB sets conditions for successful infrastructure project bonds in African markets
By Omoh Gabriel African Development Bank is exploring how structured finance techniques can mobilize African domestic capital to support economic infrastructure projects…
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By Omoh Gabriel Business Editor in Washington D.C The Minister of Finance and Coordinating Minister of Economy Dr. Ngozi Okonzo-Iweala said in…