30 Percent of Forex Spent on Fuel Imports The Minister of Finance, Mrs. Kemi Adeosun, on Friday said that 30 per cent of the Nigeria’s demand for...
Naira Gains on Liquidity Boost The Nigerian Naira gained against the US dollar on Thursday after dollar scarcity forced it to trade lower on Wednesday. The...
NB Declares N7.93bn as Interim Dividend for Q3 2016 The Board of Directors of the Nigerian Breweries Plc has announced an interim dividend of N7.93bn, translating...
Union Bank of Nigeria Declares N93bn Gross Earning Union Bank of Nigeria (UBN) Plc on Wednesday announced gross earnings of N93.44 billion for nine months ended...
Naira Slides to N470 Against the Dollar The Nigerian Naira slid to N470 against the US dollar on Wednesday, following reduced forex supply in the market....
Travelex, FBN Sell Forex to BDCs Foreign exchange liquidity challenges in Abuja and environs will be expected to ease now as Travelex and First Bank of...
Currency-in-circulation Rises to N1.794 Trillion The value of currency-in-circulation increased year-on-year to N1.794 trillion at the end of September 2016, compared with the N1.679 trillion it...
FG to Float Diaspora Bond Soon, Targets $21bn The Federal Government will soon float a Diaspora bond to tap into the resources of Nigerians living abroad...
NMRC Reports N482m Profit in 2015 The Nigeria Mortgage Refinance Company (NMRC) recorded significant increase in its profitability, which came up to N482 million in 2015...
Zenith Bank Records N100bn Profit After Tax Zenith Bank Plc has posted N100bn profit after tax for the nine months ended September 30, 2016, which represents...