FXTM Research Analyst Lukman Otunuga comments on the current moods of Sterling, WTI and Gold. An eerie calm shrouded the financial markets last week, with global...
Okechukwu Enelamah, minister of industry, trade and investment during a discussing with Oxford Business Group (OBG), highlighted government’s plan to boost economy. A key trade facilitation...
The Senate is investigating some banks for alleged collusion with some international oil companies (IOCs) to defraud the country. It was alleged that over $63 billion...
Nigeria’s overnight interbank lending rate rose sharply to 29.5 percent on Friday, up from 19 percent last week, after the Central Bank of Nigeria (CBN) sold...
Wapic Life said it had introduced a product called Wapic smart life+ Plan, to enable individuals to save and meet their targets. A statement obtained from...
Alhaji Umaru Ibrahim, managing director and chief executive, Nigeria Deposit Insurance Corporation (NDIC), has dismissed rumours making the round that some banks in the country are...
IFC, a member of the World Bank Group, has announced that it is investing $20 million in debt in the African Local Currency Bond Fund (ALCB...
Central Bank of Nigeria (CBN) has reiterated the need to secure payment systems in the country stem fraudulent activities in the financial sector. Mr Dipo Fatokun,...
Mr. Mounir Gwarzo, director-general, Securities and Exchange Commission (SEC) yesterday said that a total of 2.2 million investors have registered for the edividend payment platform. Gwarzo...
The Central Bank of Nigeria (CBN), said it would revoke the operating licences of micro finance banks, and other financial institutions (OFIs), due to non-compliance with...