Interbank Rate Rises on Cash Outflow The Nigerian Interbank Offered Rates (NIBOR) closed at an average of 11.5 per cent on Friday, up from the seven...
Naira to Remain Below 500/dollar This Week —Experts Currency retailers and experts have said the naira will trade slightly below 500 per United States dollar this...
FAAC Allocates N400bn to FG, States, LGs The Federation Account Allocation Committee on Friday allocated the sum of N400bn to the three tiers of government as...
DMO Sells N215bn Bonds at Yields Below Inflation Nigeria has raised N214.95 billion in local currency bonds at its first auction this year, with the debts...
CBN Gov, Atedo Peterside Clash Over Forex Policy The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele; and the Chairman, Stanbic IBTC Bank Plc,...
We’ve No Choice But to Borrow $30bn — Adeosun The Minister of Finance, Mrs. Kemi Adeosun, on Thursday said that the inability of the Federal Government...
Don’t Trade in Bitcoin, Litecoin, CBN Order Banks The Central Bank of Nigeria on Wednesday ordered the Deposit Money Banks and other financial institutions in the...
Equities Market in Two-day Loss, 20 Stocks Depreciate The Nigerian equities market closed on a negative note on Wednesday after market index went down on Tuesday....
Pension Assets Rise to N6.02tn Despite the impact of recession on the Nigerian economy, the total funds under the Contributory Pension Scheme rose to N6.02tn at...
Govt Releases N965.2m to 79,852 SIWES Beneficiaries The Federal Government has commenced moves to clear the backlog of the Student Industrial Work Experience Scheme with the...
