Flour Mills Posts N9.8bn Profit After Tax Flour Mills Nigeria Plc has reported a profit after tax of N9.8bn compared with N10.4bn recorded last year. The...
Banks Raise Dollar Spending by 900% There is something to cheer for bank customers travelling abroad. Commercial banks have raised customers’ international dollar spending limit on...
DMO to Service Foreign Loans With $483.4m The Debt Management Office is planning to use $483.4m to service the country’s foreign loans over a 10-year period...
FG Can’t Borrow Any More Against the backdrop of the nation’s rising debt profile, the Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government...
Trade Hits $3.8bn at I&E Window, CBN Sells $142m The Central Bank of Nigeria’s Investors and Exporters Foreign Exchange window has traded about $3.83bn since it...
CBN to Intensify Fight Against Money Laundering, Others The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has given an assurance that the bank...
FG Moves to Insure National Assets The Federal Government has said that it will ensure adequate insurance of its assets. The Minister of Finance, Mrs. Kemi...
Increased Demand for Banking Stocks Lifts Index by 0.48% The stock market continued on a positive trend yesterday as bargaining hunting activities in the banking stocks...
Interbank, BDC Rate Gap Drops to 23% The Central Bank of Nigeria (CBN) backed Monetary Policy Committee (MPC) members have lauded the convergence of foreign exchange...
NASD Recorded 121% Rise in Trade for 2016 The NASD Plc said the number of trades executed on NASD over-the-counter market rose by 121 per cent...