AfDB Supports Trade Finance With $900m Mr. Adeniyi Adesina, the African Development Bank President, said the bank provided trade finance credit of $900 million to boost...
FCMB Announces N7.1b PBT for First Half of the Year FCMB Group Plc announced N7.1 billion profit before tax (PBT) for the first half of the...
CBN Intervenes in the FX Market, Spends $340m, CNY 69m The Central Bank of Nigeria intervened in the foreign exchange market to further strengthens business activities...
FMBN Invests N6.37bn in Estates in Five States The Ibadan Zonal Coordinator, Federal Mortgage Bank of Nigeria, Mr Stephen Owoshagba, has said that the lender has...
FG Overpays N196bn as Personnel Costs to 450 MDAs Despite the introduction of the Integrated Personnel and Payroll Information System to effectively manage the payment of...
CBN Decries Rising Naira Abuse The Central Bank of Nigeria has decried the growing abuse of the naira through squeezing, selling, spraying and marching on foot...
CBN Injects $340m, CN¥68.85m Into Forex Market The Central Bank of Nigeria on Friday commenced its intervention under the currency swap deal with the injection of...
NNPC, DPR to Explain Zero Collection of Revenue – AuGF The Auditor General for the Federation, Mr. Anthony Ayine, in his Annual Audit Report for 2016...
Stock Market Upbeat as Capitalisation Gains N76bn The Nigerian Stock Exchange (NSE) closed on an upbeat note on Friday with key indicators appreciating by 0.58 per...
Lafarge Africa Plans $249m Share Sale Lafarge Africa Plc, the continent’s second-biggest cement producer, plans to raise as much as N90bn ($249m) through a share sale...