The Economic and Financial Crimes Commission has seized the passport of the immediate past Governor of Katsina State, Alhaji Ibrahim Shema, as part of investigations into...
The overnight naira interbank lending rate rose sharply to an average of 40 per cent on Friday, up from 15 per cent last Friday after the...
The Nigerian Naira depreciated on Friday, following limited forex liquidity in most major segments of the foreign exchange market. The local currency dropped N2.24 against the...
The Federal Government borrowed N183.24bn via Treasury bills at an auction on Wednesday, with mixed yields on all the tenors, data from Debt Management Office showed...
The Nigerian Stock Exchange (NSE) appreciated on Wednesday, following resumption from two-day public holiday declared by the Federal Government. The stock market gained N22bn to close...
In order to finance the 2016 budget, the Federal Government is to raise $1bn through the issuance of Eurobonds by November, investigation has shown. The amount...
Access Bank Plc has been named Bank of the Year in this year’s edition of the annual BusinessDay Banking Awards. The Group Managing Director and Chief...
The country’s external reserves have been depleted by $1bn in the last five weeks, latest statistics from the Central Bank of Nigeria have showed. This follows...
The consumer price index (CPI), which is used to gauge inflation in the country may increase further year-on-year to 17.71 per cent in August 2016, from...
Conoil Plc on Thursday reported a growth of 176 percent in profit and announced a 200 percent rise in dividend for the year ended December 31,...