Foreign Currency Transactions Fall by 58% The scarcity of foreign exchange which had made the naira to lose its value against other foreign currencies has resulted...
Stocks: Investors Gain N798bn in One Week Investors in the Nigerian stock market recorded N798bn appreciation on their holdings between Friday May 26 and June 2,...
Stocks Hit 11-month High, NSE Unveils X-Academy The equities market appreciated highest in 11 months on Thursday, driven by gains in banking and cement shares as...
Investors’ Confidence Gradually Returning, Says CIS The confidence of investors in the country’s capital market is gradually returning as can be seen by the positive numbers...
Naira Gains, Closes at 374/Dollar The naira appreciated to 374 per United States dollar on Thursday, up from 382/dollar on Wednesday. The local unit closed at...
Recession Puts CBN’s Financial Inclusion Target at Risk The current economic challenges, which have led to massive job losses in some sectors of the economy, as...
CBN Injects $482.6m into Forex Market, Naira Gains The Central Bank of Nigeria, CBN, on Tuesday cushion the economy by injecting a total of $482.6 million...
Banks Lost N2.19bn to Fraudsters in 2016 The Central Bank of Nigeria on Tuesday said that Deposit Money Banks in the country lost a total of...
EFCC, Bank Auditors Unite Against Fraud The Economic and Financial Crimes Commission and the Association of Chief Audit Executives of Banks in Nigeria have agreed to...
Weak External Reserves Driving Away Investors – Obi A former Governor of Anambra State, Mr. Peter Obi, has said Nigeria’s poor external reserves are the major...