Infractions: CBN, SEC Fine Three Banks The Central Bank of Nigeria and the Securities and Exchange Commission have slammed various fines on three banks for committing...
CBN Mops up Liquidity to Support Naira The Central Bank of Nigeria sold N107.64bn ($353m) in Treasury bills on Friday in a move to soak up...
NSE: New Listings Yield N62.5bn in Three Months The Nigerian Stock Exchange raked in N62.5bn from the fresh listing of five companies’ securities in the first...
Naira Closes at 390/dollar as CBN Sells $100m The naira depreciated from 388 per United States dollar on Wednesday to 390/dollar on Thursday as the Central...
We’ve Enough Dollars for End Users The Bankers Committee of the Central Bank on Thursday declared that there was adequate stock of foreign exchange to sustain...
FG Seeks $5.85bn From China for Railway Projects President Muhammadu Buhari is seeking approval from the National Assembly for a proposal to borrow $5.85bn from China...
CBN Auctions $185.86m in Retail SMIS as Naira Stable at N382/$ The Central Bank of Nigeria (CBN) yesterday sold $185.86million at the retail Secondary Market Intervention...
GTB Beats Expectations, Posts N42bn Profit in Q1 The Guaranty Trust Bank on Wednesday surprised investors with an impressive performance in the first quarter (Q1) of...
Fidelity Bank Disburses N2.2bn MSME Fund The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo yesterday said the bank had disbursed about N2.2...
States to Get 13% Derivation from Mining Revenue The Federal Ministry of Mines and Steel Development on Tuesday said it had secured approval for the payment...
