The naira slumped to a new all-time low of 470 to the dollar on the parallel market on Wednesday, posting its biggest daily decline since the...
The Central Bank of Nigeria (CBN) wednesday settled OTC FX futures contracts on the interbank market to the tune of $180 million. The FMDQ OTC Securities...
Fitch Ratings has assigned Access Bank Plc long- and short-term ratings of ‘B(EXP)’ respectively to the bank’s updated $1 billion Global Medium-term Note Programme (GMTN). The...
The country plans to raise between N250bn and N340bn ($794.91m -$1.08bn) in local currency-denominated bonds in the fourth quarter of this year, the Debt Management Office...
Access Bank Plc is set to issue the first Eurobond from Nigeria in almost two years after choosing banks to arrange a new deal. Nigeria’s fourth-largest...
The naira sustained its decline on the parallel market as it slipped to N445 to the dollar yesterday, lower than the N440 to the dollar it...
FG Plans to Sell 5% of its NLNG Shares The Federal Government is planning to sell at least five per cent of its shares in the...
The Nigerian National Petroleum Corporation, NNPC, weekend disclosed that it paid $48.99 million to the Federation Account in two months, June and July 2016. The NNPC,...
Wema Bank Plc has transferred its majority equity stake in the 56-year-old Great Nigeria Insurance (GNI) Plc to Insurance Resourcery and Consultancy Services Limited in a...
The Minister of Finance, Mrs. Kemi Adeosun, will on Tuesday meet with the commissioners for Finance from the 36 states of the federation on options available...
