Settlement Banks to Keep N15b T-Bills at CBN The Central Bank of Nigeria (CBN) has asked settlement banks to provide clearing collateral of not less than...
CBN Injects $210m Into Forex Market The Central Bank of Nigeria (CBN) yesterday injected $210 million into the inter-bank Foreign Exchange (forex) Market. The move was...
External Reserves Drop to Three Month Low The Nigerian foreign exchange reserves dropped to its lowest level since April. According to the data released by the...
FG, BoI Support Traders With Interest-free Loans The Federal Government and the Bank of Industry on Tuesday gave out interest-free loans to traders in various markets...
CBN May Increase Interest Rate Soon The Central Bank of Nigeria has hinted about plans to increase the interest rate as it hopes to tighten the...
Equity Market Ends Lower The market capitalisation of equities listed on the Nigerian Stock Exchange fell further at the close of trading on Tuesday as the...
Zenith Bank Declares N9.42b Interim Dividend The board of directors of Zenith Bank Plc has approved distribution of N9.42 billion to shareholders as interim dividend for...
FIRS to GE: Show Evidence of $2m Tax Remittance The Federal Inland Revenue Service (FIRS) has demanded evidence that General Electric International Operations Nigeria Ltd remitted...
Stocks Extend Losses, Exchanges Collaborate for Growth The nation’s stock market extended its decline on Monday as 25 companies, led by Ikeja Hotel Plc, recorded losses...
CBN Releases Lower Naira Notes to Traders The Central Bank of Nigeria says it has begun the disbursement of lower denomination of naira notes directly to...