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...
Economy Bleeds as CBN Pursues Elusive Naira Stability As the Central Bank of Nigeria steps up efforts to achieve naira stability through the convergence of the...
Group Opposes N2bn CBN Loan to Shonga Farm A group, Movement for Genuine Change, on Thursday urged the Central Bank of Nigeria not to grant Shonga...
Nigeria’s Foreign Investment Inflow Drops to $908m The Nigerian weak business confidence continued to impede foreign direct investments in the country following the drop in the...
NSE Records Gains, Eyes Real Estate Growth The market capitalisation of the Nigerian Stock Exchange appreciated marginally on Tuesday as 23 stock emerged gainers. The NSE...
