Nigeria’s Foreign Exchange Reserves Plunge to 8-Month Low Falling capital importation and weak business sentiment continued to weigh on Nigerian foreign reserves, according to data from...
Naira Falls Against US Dollar on Wednesday The Nigerian Naira depreciated against the United States dollar on Wednesday at the Investors’ window in Lagos. The Naira...
New TSA Model: Payers to Bear Service Charges According to a report on the stakeholders’ sensitization programme on Treasury Single Account (TSA), held on Wednesday by...
Stock Market Drops N156 Another Billion on Wednesday The Nigerian Stock Exchange (NSE) dropped N156 billion on Wednesday as profit-taking in large-cap stocks weighed on the...
Oando Reports N10.4 Billion Profit After Tax in Q3 The surge in global oil prices in recent months and the reduced disruptions of oil activities in...
Forex: Interbank Market Gets $210m Boost Authorised dealers in the wholesale segment of the interbank foreign exchange market received $100m as intervention from the Central Bank...
CBN Issues Corporate Governance Codes to DFIs, Others The Central Bank of Nigeria has issued codes of corporate governance to six other financial institutions in the...
CBN Confirms 34 Primary Mortgage Banks The Central Bank of Nigeria has listed only 34 firms as licensed primary mortgage banks in Nigeria. According to the...
Banks, Manufacturers Boost Market Cap by N105.4bn The nation’s stock market got a boost on Monday on the back of gains recorded by the banking and...
Report on $22bn, N481.75bn Unremitted Funds for 2015, NEITI Clarifies The Nigerian Extractive Industries Transparency Initiative has clarified that the sums of $22.06bn and N481.75bn listed...