Wells Fargo CEO John Stumpf told the Senate Banking Committee he was “deeply sorry” Tuesday over allegations the bank opened millions of accounts without customers’ permission...
Vice President Yemi Osinbajo and Nigeria Governors’ Forum (NGF) representatives yesterday had a closed meeting to discuss modalities towards making up the over N250 billion monthly...
United States President Barack Obama yesterday praised President Muhammadu Buhari for allowing flexibility in exchange rates. Obama spoke during a meeting of the two leaders on the...
President Muhammadu Buhari on Tuesday called for global support for the cleanup of Ogoniland and to raise 14 billion US Dollars for the restoration of Lake...
Oil Output Has Increased Despite Militancy Despite calculated attacks by some militants, Nigeria’s oil production has increased from a daily average of 1,570,852 barrels per day...
The world’s third largest economy, Japan, declines at a slower pace as both exports and imports plunged the nation’s trade balance into deficit for the first...
Turnover at the FMDQ OTC Securities Exchange, the over-the-counter (OTC) market for debts and foreign exchange (forex), dropped by almost a quarter as investors showed less...
Disbursements to the three tiers of government jumped to N510.270 billion for August. At the end of the monthly Federation Account Allocation Committee (FAAC) meeting in...
The African Development Bank (AfDB) and Fortis Microfinance Bank (Fortis) yesterday signed an agreement for a N1 billion facility to be used for lending to small...
Lenders prefer traders to manufacturers, farmers MPC retains tight monetary measures Highlights of MPC meeting •Monetary Policy Rate (MPR) 14% •Cash Reserve Ration (CRR) 22.5% •Liquidity Ratio...