News

First Bank of Nigeria hurriedly withdrew an application for N1.5 million Treasury Bill it submitted on behalf of Agro Allied Industries on…

A drop in interest rates will be a great relief to the ailing Nigeria economy. This is the consensus of bankers and…

The Central Bank of Nigeria, CBN, Central Disciplinary Committee, is till wading through fictious of applications used to transfer over N100 million…

Five foreign countries are to take 60 per cent equity in tourism projects in the country. According to the managements of the…

Nigeria and her foreign creditors are to begin talks next Friday, November 20, on how the N13 billion promissory notes recently issued…

A global body is to be set up to monitor tax invasion. The body which is expected to come into operation by…

Two companies Metropolitan Investment and Securities Limited and Unit Trust Securities will know the fate of their application to the Nigeria Stock…

Nigeria‚Äôs external reserve position rose from its N4,14052 billion at the close of business in October to N4.63429 billion on November 30.…

Continental Merchant Bank and the Nigerian Merchant Bank are to champion a consortium of banks to raise a N120 million standby facility…

Nigeria‚Äôs total external reserves as at the close of business of September 30 stood at N4.142 billion. This shows a decline of…

The Central Bank has barred 80 companies from further access to official foreign exchange. The order came as a result of the…

Only 673 or (1.09 per cent) additional hands were employed by the banking industry between January and October. This falls far short…

The decision of federal government to commercialise the Federal Savings Banks is a laudable step towards the over all commercial polity of…

The general downward movement in the level of money supply which characterised the first quarter of 1987 continued into the second quarter,…

Nigeria‚Äôs cumulative foreign exchange receipts in the first half N11.117 billion representing an increase of 175.3 per cent over the level in…