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Central Bank of Nigeria (CBN) continued financing of the government’s fiscal deficit is limiting the impact of its longest phase of monetary tightening since 2011 as...
President Muhammadu Buhari, has, defended the policies being implemented by Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), saying rather than follow textbook...
Aliko Dangote, Africa’s richest man, has significantly moved up in the World billionaires’ list as his fortunes increased to $17.8 billion as against last year’s $14.8...
Federal government is encouraging Royal Dutch Shell Plc to keep its onshore oil and gas business in the country instead of divesting it, as the company...
Nigerian banks yesterday claimed they are not indebted to MTN Nigeria and other phone companies for using Unstructured Supplementary Service Data (USSD) shortcode service to provide...
Bill Gates, founder Microsoft, has said that he has not invested in cryptocurrency, despite the buzz about it. Gates in a live chat on Clubhouse, listed...
Banks in Nigeria will drop below minimum capital buffers required by regulators should the economy shrink further this year, according to stress tests done by the...
Fidelity Bank Plc plans to issue a N100 billion ($261-million) bond in the local currency to boost its capital ratios and funding capacity. The based bank...
IHS Holding Ltd, wireless towers operator, has reconsidered its plan to be listed on one of the US stock exchanges, according to a press release by...
Fitch Ratings, leading global rating agency, has said the Central Bank of Nigeria (CBN) punishes rather than help banks through the crisis caused by the coronavirus...