Human rights activist lawyer, Mr. Femi Falana (SAN), has dragged the Central Bank of Nigeria (CBN) to court over forex liberalisation. In the suit filed before...
There are strong indications that the Federal Government is looking to review the commercial terms of deep-water Production Sharing Contracts in order to increase its share...
MTN on Wednesday withdrew its lawsuit against the Nigerian Communications Commission over N1.04tn ($5.2bn) fine and paid N50bn ($250m) towards a probable settlement. But the Federal...
The Central Bank of Nigeria needs to devalue the naira by adjusting the official exchange rate of N199/dollar to a more market-determined exchange rate, the International...
Ecobank Nigeria has sacked about 50 senior managers as part of its cost-cutting measures amid a challenging business environment. The top officials laid off by the...
Most Asian stocks rose, following U.S. shares higher, as Japanese shares climbed and a turnaround in oil boosted energy companies. About three shares climbed for each...
China is able to increase its budget deficit to 4 percent of gross domestic product as the government seeks to cut corporate taxes, central bank officials...
The United Bank for Africa (UBA) Plc said it been awarded the ISO/IEC 20000-1: 2011certification from the British Standards Institution (BSI). The certification, which was awarded...
Foreign currency speculators, who launched an unprecedented attack against the naira in the last two weeks, got their fingers burnt on Tuesday when the nation’s currency...
The yen’s climb this month has Japan’s second-biggest lender saying it could strengthen past 110 per dollar for the first time since Bank of Japan Governor...
