Presidential Panel to Recover $7bn Bailout Funds From Commercial Banks The Special Presidential Panel for the Recovery of Public Property is to recover the seven billion...
Stocks Fall Further, Market Cap Drops by N111bn The nation’s equities market extended its decline on Thursday as it shed N111bn following the price depreciation recorded...
Fines: CBN Deducts N5.61bn From Accounts of Three Banks The Central Bank of Nigeria has debited the accounts of three banks to the tune of N5.61bn,...
Travelex, CBN, EFCC to Improve BDCs’ Operations Travelex Nigeria Limited, a subsidiary of Travelex UK, in collaboration with the Central Bank of Nigeria and the Economic...
Flour Mills Shareholders Approve N2.03bn Dividend Payout The shareholders of Flour Mills of Nigeria Plc have approved a dividend payout of N1 for every ordinary share...
MPC Seeks 5% Interest Rate on Loans to Farmers A member of the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) Balami Hassan wants interest...
Large-cap Stocks Drag Equities to N189b Loss After a momentary recovery on Tuesday, Nigerian equities suffered a major decline yesterday as foreign portfolio investors led massive...
May & Baker Nigeria to Raise N2.45b New Equity Ca Regulatory document obtained yesterday by The Nation indicated that May & Baker Nigeria Plc plans to...
Naira Gains Against Dollar at Parallel Market The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted on...
CBN Boosts Foreign Exchange Market With $210m The Central Bank of Nigeria says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to...