At N21.425trillion, banking system’s credit to the private sector grew by 13.5 per cent in the second quarter of 2016, compared the previous quarter. The Central...
International investors, under the aegis of Greenstone Capital International Africa and Tacnero Global, have announced the approval of $14billion for Nigeria out of the $200billion that...
First Bank of Nigeria Limited has partnered the Nigerian-British Chamber of Commerce to jointly host a Micro, Small and Medium Enterprises workshop to focus on the...
The world’s largest economy grew less than previously reported in the second quarter, a sign consumer spending will need to continue to drive expansion, Commerce Department...
The Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom State, is facing hard times over the N7.2billion debt incurred during the tenure of its late Rector,...
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 (CBN) yesterday said the Federal Government has slashed its budget by 50 per cent, lamenting that the development has seriously affected...
Manufacturers and other private sector operators on Tuesday painted a gloomy picture of how the foreign exchange restriction placed on 41 items by the Central Bank...
The Transmission Company of Nigeria has said its on-going five year expansion programme, designed at expanding electricity transmission capacity to 11,500 Megawatts by 2019 will require...
