Nigeria National Petroleum Corporation has approached some international bank to seek for $1.5 billion NNPC banking sources said is making plans to…
Category:
Finance
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The naira depreciated to a new record low of N164.85 to the dollar in the inter-bank market as a result of central…
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Acting Director General of Nigerian Institute of International Affairs (NIIA)Professor Bola Akinterinwa,said that the introduction of Islamic banking in Nigeria will further…
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The Chairman of the House of Representatives committee on Capital Market and Institutions, Hon. Herman Hembe has said that his committee will…
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FinanceNews
Oil fluctuates as it heads for biggest quarterly drop since 2008 —- $75 benchmark for 2012 may be unrealistic
By Omoh Gabriel with Agency report Oil prices are heading for further drop to the 2008 low levels as investors speculated that…
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The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has approved $250 million in…
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The International Monetary Fund Wednesday said that the global Financial stability risks have risen sharply in recent months, as slower economic growth,…
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World Bank President Robert B. Zoellick had an opening address at the opening of the IMF/World Bank Annual General Meeting in Washington.…
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FinanceNews
FG lays out early budget proposal, target 8 % growth in 2012 —Benchmark oil price $75, crude oil production 2.48mbd
By Omoh Gabriel Federal government of Nigeria on Friday September 16th indicated its intention to get its 2012 budget ready on time…
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When Comrade Adams Oshomole mounted the soap box to context the governorship of Edo state many did not give him any chance.…
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By Omoh Gabriel An ambitious agenda for enhancing investment and governance across Africa and creating sustainable growth was discussed by 120 public…
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By Chudi Offodile When Elbridge Gerry was Governor of Massachusetts, USA, in 1812, the state legislature divided Essex County into two districts…
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FinanceNews
First Bank, UBA, GTBank, Fidelity, Diamond tipped for award at IMF/World Bank meeting —- UBA, GTBank MDs tipped as African banker of the year
By Omoh Gabriel Two Nigerian Bankers have been tipped for recognition as African Banker of the year at a ceremony to be…
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AnalysisFinanceNews
Global Bank capital regime at risk as regulators tinker rules —- Can Nigeria banks meet Base111 standard in capital
By Omoh Gabriel with Agency report The plan by international financial community to stave off future global financial crisis by ensuring adequate…
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By Omoh Gabriel Much is expected from former World Bank Managing Director Ngozi Okonjo-Iweala who was sworn in yesterday as Nigeria’s finance…