It is no secret that the Nigerian economy is in crisis. In the last six months, the official Nigerian currency, Naira, has fallen by almost 50%...
Uzoma Dozie, chief executive officer, Diamond Bank said the bank is considering raising fresh capital and selling some assets in order to maintain its capital ratios....
Disappointed investors sent Asian equities lower across the board early Wednesday after Japan’s approval of the 28 trillion Yen in fiscal stimulus failed to revive hopes...
Central Bank of Nigeria (CBN) on Tuesday approved the payment of cheque deposits into savings accounts, in one of its new four new guidelines for the...
I-Naira Integrated Resources Ltd, owners of i-naira.com brand, has launched the first online auctioning platform in Nigeria. Launched 1st of August 2016, i-naira.com is a wholly...
WorldRemit, a leading online remittance provider, has called for the urgent restoration of money transfers to Nigeria as draconian new rules leave virtually all money transfer...
Nigeria plans to raise N245.18 billion ($773.44 million) worth of Treasury bills with maturities ranging between three months and a year on Aug. 3, traders said...
Global stocks were left vulnerable to losses during trading on Tuesday following the hefty decline in oil prices which weighed heavily on global sentiment consequently souring...
The Naira is gradually nearing N400 to a United States dollar due to limited dollar supply and reluctance of foreign portfolio investors to dig into the...
Kennedy Uzoka, Monday resumed as the group managing director and chief executive officer of the United Bank for Africa (UBA) Plc. He took the mantle of...