Finance

The Federation Account Allocation Committee (FAAC) says it shared N786.16bn among the three tiers of government in May 2023. The figure represents…

On the side lines of the 30th Annual Meetings of the Afreximbank, the President and Chairman of the Board of Directors of…

Nigeria’s total public debt could rise to 37.1% of its gross domestic product (GDP) this year, close to the government’s self-imposed 40%…

Today, the local bourse reversed the three-day winning streak as the All-Share Index closed 0.19% weaker to close at 59,211.26 points. GTCO…

Unknown gunmen, suspected to be kidnappers, clad in military fatigue have kidnapped the Operations Manager of Sterling Bank, Mrs Nneka Ugonochie in…

Extending gains for the second consecutive session, the Lagos bourse closed higher as the benchmark index gained 0.16% to settle at 59,110.02 points. Gains…

The Central Bank of Nigeria (CBN) issued further guideline to Banks in respect of operational changes to the foreign exchange market. The…

The African Export-Import Bank (Afreximbank) on Sunday inaugurated its wholly-owned insurance management services subsidiary, AfrexInsure. AfrexInsure was inaugurated on the sidelines of…

Managing Director, Development Bank of Nigeria (DBN), Dr Tony Okpanachi, says the bank has provided long-term finance to over 60 Primary Financial…

Central bank of Nigeria in a question and answer note explained the grey areas in the new foreign exchange policy introduced recently.…

A policy document prepared for President Bola Tinubu indicates that Nigeria should target an exchange rate of between N500 and N600 to…

Ending the week, the Lagos bourse maintained the bearish trend as the All-Share Index declined by 0.33% to close at 59,000.96 points. On market movers,…

Today, the domestic bourse ended its two-day winning streak as the benchmark index shed 1.32% to close at 59,195.21 points. Selloffs in telco…

Central Bank of Nigeria has abolished the multiple exchange rates in the Nigerian foreign exchange market. In a circular to all banks…

Extending the bullish run for second consecutive session, Nigerian equities posted strong gains as the benchmark Index ended 3.13% stronger to settle at…