FG Recovers N1.44bn From NEPC, RMRDC, NSC The Federal Government has so far recovered N1.44bn from three of its agencies alleged not to have remitted their...
Naira Closes at 485 as Dollar Scarcity Persists The naira closed flat at 485 against the United States dollar at the parallel market on Wednesday, three...
Stanbic IBTC Unveils First 24-hour Digital Branch Stanbic IBTC Bank says it has inaugurated its first self-service digital branch drive optimal financial services in Nigeria. It...
Fidelity Bank Introduces Another Reward Scheme Fidelity Bank Plc has concluded plans to delight the banking public, particularly its customers, during the 2016 Yuletide with a...
Senate Considers Bill to Reverse Naira Free Float The Senate is proposing a new currency law that will give the Central Bank of Nigeria legal powers...
FG, SunTrust Bank Partner on N13bn Housing Scheme The Nigeria Mortgage Refinance Company, in partnership with SunTrust Bank Plc, has launched a N13bn mortgage refinancing scheme...
CBN to Unveil N30bn Agric/SME Fund in January The Central Bank of Nigeria has said it will, together with the Deposit Money Banks, set up a...
Energy Fund Declares Coupon Payment The Nigeria Energy Sector Fund has declared a coupon payment of N51 per note to unit holders for the financial year...
Foreign Reserves Adds $825 Million in November There was an accretion of about $825, 149,623 to Nigeria’s foreign reserves in November, data from the Central Bank...
Forex Inflow Drops by $447m on Oil Facility Attacks The persistent attacks on the country’s oil installations by militants in the Niger Delta have resulted in...