German business sentiment unexpectedly slipped to the lowest level in six months in August in a sign that companies are still weighing the consequences of Brexit...
The practice whereby Nigerian businessmen obtain dollars at official rate and resell at a higher rate at the parallel market is still continuing, emir of Kano,...
Diamond Bank, in collaboration with Code Camp Africa will train 500,000 Nigerian children on computer programming and coding within a short period of time. In preparation...
Some banks on Wednesday clarified their positions on the alleged suspension from the foreign exchange market transaction by the Central Bank of Nigeria over alleged non-remittance...
African Development Bank has approved $300 million and $50 million loans to First Bank of Nigeria and FSDH Merchant Bank Nigeria respectively to support import-export activity...
The Central Bank of Nigeria on Wednesday said it had re-admitted the United Bank for Africa into the foreign exchange market. The directive, according to the...
The naira tumbled to 402 at the parallel market on Wednesday, a day after the Central Bank of Nigeria banned nine banks from the foreign exchange...
The Nigerian stock market (equity category) depreciated by N438bn between August 24, 2015 and August 24 this year. The Nigerian Stock Exchange All-Share Index also slid...
The Central Bank of Nigeria is in the process of stopping issuers of dud cheques (returned cheques) from opening current account, the Deputy Director, Banking Supervision,...
The activities of pipeline vandals and oil thieves are taking a toll on the operations of the Nigerian National Petroleum Corporation as the oil firm suffered...