Nigerian banks barred from the interbank foreign-exchange market may be fined and face the loss of customers and trading income, analysts at Lagos-based CSL Stockbrokers Ltd....
The 11 electricity distributions companies (Discos) in Nigeria’s power sector on Wednesday alleged that the inability of the Transmission Company of Nigeria (TCN) to wheel maximum...
Royal Exchange Plc said its written premium rose by 34 per cent to N8.43bn in the second quarter of this year from N6.28bn in the corresponding...
The Organised Private Sector, OPS, yesterday, insisted that the Central Bank of Nigeria, CBN, must review its policy on the 41 items restricted from official foreign...
The Coordinator of the Financial System Strategy 2020, Mr Mohammed Suleiman, on Tuesday said that limited funding for the programme, meant to make Nigeria a financial...
Seven states of the federation including Plateau and Oyo raised a total of N60.95bn through the bond market in 2015, the Debt Management Office said on...
The Central Bank of Nigeria on Tuesday wielded the big stick as it barred nine Deposit Money Banks from the nation’s foreign exchange market for failing...
Asian stocks gained on speculation the US Fed would hold back on rate hike this year. Japanese shares led gainers with 0.7 percent, while MSCI Asia...
Desirous of stimulating economic activities in the country, the Central Bank of Nigeria (CBN) monday directed commercial banks and other authorised dealers in the foreign exchange...
The euro-area economy maintained its momentum in August, with growth showing little sign of being curtailed by fallout from the U.K.’s Brexit vote. A composite Purchasing...
