Guinness Nigeria said on Wednesday that its parent company, Diageo had given it a $95million term loan to support its dollar needs through foreign currency shortages...
A divided Federal Reserve left its policy interest rate unchanged to await more evidence of progress toward its goals, while projecting that an increase is still...
Wells Fargo CEO John Stumpf told the Senate Banking Committee he was “deeply sorry” Tuesday over allegations the bank opened millions of accounts without customers’ permission...
The world’s third largest economy, Japan, declines at a slower pace as both exports and imports plunged the nation’s trade balance into deficit for the first...
Turnover at the FMDQ OTC Securities Exchange, the over-the-counter (OTC) market for debts and foreign exchange (forex), dropped by almost a quarter as investors showed less...
The Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo has said the short term nature of banks deposits is one of the major reasons borrowers cannot access...
U.S. Housing Starts Tumble in August U.S. housing starts fell more than expected in August likely as bad weather disrupted building activity in the South, but...
Nigeria’s finance minister hinted on Monday that the country’s government might opt for asset sales next year to boost the public coffers as the economy struggles....
As Nigeria mulls strategies to lift the country out of recession, pioneer chairman of the Economic and Financial Crimes Commission, EFCC, Mallam Nuhu Ribadu, has warned...
Interest rates are likely to remain on hold in the foreseeable future, with the Reserve Bank of Australia flagging that growth remains in line with expectations,...
