SIFAX sites RORO terminals outside due to deteriorating port roads -Group MD
SIFAX Group, a multinational corporation, said it sited its new Roll On…
Naira soars at inter-bank market
The naira on Friday strengthened against the dollar at the inter-bank market…
CBN warns banks on illicit money transfer flows
The Central Bank of Nigeria (CBN) has directed commercial banks to conduct…
Nigeria is at 13% broadband penetration — NCC
Prof. Umar Danbatta, the Executive Vice Chairman of the Nigeria Communication Commission…
Naira Hits A New Low, Slips To 409/Dollar
The Nigerian currency, naira, has slipped further to hit a new all…
Market capitalisation dips by N172bn on NSE
Equity transactions on the Nigerian Stock Exchange (NSE) closed on bearish note…
FG Is Making People Billionaires Through Forex – Emir Sanusi
The Emir of Kano, Muhammadu Sanusi ll, has said the Nigerian government…
CBN lifts FX ban on UBA While other banks remain suspended
The Central Bank of Nigeria (CBN) had yesterday released a list with…
FirstBank, others clarify positions on forex sanction by CBN
Some banks on Wednesday clarified their positions on the alleged suspension from…
Petroleum products prices, insurgency affect livestock prices in Enugu, traders claim
Livestock dealers in Enugu have said that the increase in petroleum pump…
Tax implementation requires political will, says Tax Review Chairman
Prof. Abiola Sanni, Chairman of the National Tax Policy (NTP) document review…
NNPC losses 560,000 barrels of crude to vandals, seeks NSCDC support
The NNPC on Wednesday said that it had lost 560,000 barrels of…
Banks’ sanction deals heavy blow on Naira, dips further against dollar
The Naira on Wednesday dipped further against the dollar at the parallel…
FCMB Responds to CBN Sanction over TSA
First City Monument Bank (FCMB) were listed along with 8 other banks…
UBA, FBN lead banks in violation of TSA; CBN Clamps Down
The United Bank for Africa (UBA), First Bank Nigeria and 7 other…
CBN Loses 50% of Funding From Federal Government
The Central Bank of Nigeria (CBN) has revealed that it lost half…
Obasanjo says Mambila can become hub of tea production in Africa
Former President Olusegun Obasanjo on Tuesday said the Mambila Plateau in Taraba…
Operators of travel agencies decry infiltration of untrained personnel in the sector
Some operators of travel agencies in the Federal Capital Territory have decried…
Top Foreign Company Set To Leave Nigeria Because Of Economic Challenges
A top South African company, Sun International, says it is leaving Nigeria,…
FirstBank names Patrick Iyamabo as the new Chief Financial Officer
FirstBank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial…
CBN Mandates banks to sell 60% Forex to manufacturers
The Central Bank of Nigeria (CBN), yesterday mandated that banks are to…
CBN Issues New Mandate To Banks
The Central Bank of Nigeria (CBN) has mandated all forex dealers to…
Infrastructure: Expert calls for drilling of gas wells for power sufficiency
Mr Bank-Anthony Okoroafor, an Energy Expert, has advised government to invest in…
Emefiele says capacity deficits remain challenge to West Africa
Mr Godwin Emefiele, on Monday said that capacity deficits remained a major…
Nigeria will strengthen partnership with IDB for developmental purposes – Buhari
The Federal Government says it will deepen its partnership with the Islamic…
Finance Minister seeks Islamic Bank’s support to rebuild North-East
The Minister of Finance, Mrs Kemi Adeosun has called on the Islamic…
NSE and Bloomberg set to hold 2nd CEO Roundtable
The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to…
Facebook partnered with She Leads Africa in support of female African entrepreneurs
Facebook is supporting and sponsoring She Leads Africa, an African enterprise and…
Forex Scarcity To Linger Until Dangote Comes Onstream In 2019 – FG
The perennial shortage of foreign exchange affecting Nigeria is expected to continue…
Checking the inflation rate in Nigeria
Economists opine that Consumer Price Index (CPI) measures changes in the purchasing-power…