Central Bank of Nigeria (CBN) uncovered invalid foreign overdue claims totalling $2.4 billion, which have pressured the naira for long and spooked the currency market, Olayemi...
FirstBank UK, the United Kingdom subsidiary of First Bank Nigeria Limited, has been onboarded on Bloomberg’s Trade Order Management System to enhance its Fixed Income workflow....
A company owned by Pramod Mittal, an Indian businessman who was the chairman of Ispat Industries Limited (now JSW Ispat Steel) is reportedly getting almost $500...
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...
