MTN Denies Illegally Repatriating $8.1bn MTN Nigeria has denied its involvement in the alleged illegal repatriation of dividends worth $8.1bn between 2007 and 2015. This came...
FAAC Sets up Committee on Excess Crude Account Management The Federation Account Allocation Committee on Thursday set up a committee to come up with rules that...
NSE, London Stock Exchange Are Key Partners ― Onyema The Chief Executive Officer of the Nigerian Stock Exchange, Mr Oscar Onyema, has said the United Kingdom...
Enugu State Pension Bill Rises to N500m Monthly The Governor of Enugu State, Ifeanyi Ugwuanyi, says the state’s pension bill has risen to over N500m per...
SEC Proposes New Rule on Derivatives Trading The Securities and Exchange Commission has proposed changes and new rules regarding derivatives trading and registration requirements for commodity...
CBN Fines Four Banks N5.8bn, Orders Lenders, MTN to Refund $8.1bn The Central Bank of Nigeria has imposed heavy fines totalling N5.87bn on four banks under...
Political Tension Heating up Capital Market, Says ASHON The Association of Stockbroking Houses of Nigeria has said the unguarded activities and unrestrained utterances of politicians in...
CBN Maintains N15b T-Bills Collateral for Settlement Banks The Central Bank of Nigeria (CBN) has asked settlement banks to provide clearing collateral of not less than...
Ogbeh Praises CBN’s 9% Credit Lending to Farmers The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, yesterday applauded the Central Bank of Nigeria (CBN)...
Moody’s to Pay $16m Over Flawed Credit Ratings Ratings agency Moody’s has agreed to pay more than $16 million to resolve charges tied to its assessment...
