The Central Bank of Nigeria (CBN) said it has observed the growing exposure of banks on payment solutions service providers’ (PSSPs) platform, due to operational failures....
A number of Deposit Money Banks in the country will close many of what they described as unprofitable branches as the economic recession continues to bite...
Solar Nigeria says it has given support to operators in the solar energy sector to provide solar power to 182,000 homes across the country from July...
The Minister of Finance, Mrs. Kemi Adeosun, has called on the Central Bank of Nigeria to lower interest rate so that the government can borrow domestically...
The Nigerian Naira appreciated against the US dollar at the interbank market on Monday, as investors await the decision of the Monetary Policy Committee on the...
Oil halted gains on speculation supply from Nigeria and Libya may rise as conflicts within both OPEC members ease, sustaining a global glut. Futures were little...
Afreximbank Secures $300m The African Export-Import Bank says it has closed its first-ever China/Taiwan specific syndicated loan with a 300 million dollar facility guaranteed by the...
Ghana’s central bank kept its benchmark interest rate unchanged after inflation accelerated in August. The Bank of Ghana held the rate at 26 percent, Governor Abdul...
The dollar declined from a seven-week high as investors braced for the Federal Reserve policy decision this week and Goldman Sachs Asset Management said a rally...
Stocks rose around the world, buoyed by gains in commodities prices, and the dollar weakened before central bank policy meetings this week. The Stoxx Europe 600...