FAAC Payout Drops by N90b in October Total payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government decreased by N90 billion...
Nigerian Equity Market Gains N11bn on Tuesday The Nigerian Stock Exchange gained N11bn on Tuesday to close at N9.36tn, from Monday’s N9.349tn. The Nigerian All Share Index...
Adeosun, Udoma, DMO Meet as Senate Rejects $30bn Loan Request The ministries of Finance and Budget and National Planning as well as the Debt Management Office...
Naira Extend Gains Against Dollar Across FX Markets The Nigerian Naira extended its gains against the US dollar across the foreign exchange market on Tuesday. The...
Fidelity Bank Posts N110.3b Gross Earnings in Q3 Fidelity Bank Plc has recorded gross earnings of N110.3 billion in its unaudited financial results for nine months...
External Reserves Falls to $23.948 Billion Nigeria’s external reserves diminished by 2.8 per cent in one month to $23.948 billion as at October 27, 2016, compared...
CBN Grants Wi-Pay Int’l Money Transfer Licence Wi-Pay has been granted an approval-in-principle by the Central Bank of Nigeria for international money transfer operations. In a...
Skye Bank Sacks 50 More Workers About four months after it disengaged about 200 of its workers, Skye Bank Plc has retrenched about 50 members of...
CBN Warns Against Patronage of ‘Wonder Banks’ The Central Bank of Nigeria on Monday warned Nigerians against patronising what it called ‘wonder banks’, stating that their...
CBN Sells N51b T-Bills, Interbank Rate Flat The Central Bank of Nigeria (CBN) at the weekend, sold about N51 billion ($168 million) worth of treasury bills...
