Two foremost rating agencies, Moody’s and Augusto & Co. have affirmed that Heritage Bank’s capitalisation remains sound in relation to its low asset risk model and...
The Body of Banks’ Chief Executive Officers on Thursday met in Lagos to review the current developments in the industry, especially issues around the ban imposed...
Industry players have projected that Nigeria would lose another 25 per cent of licensed operators if the Communication Service Tax bill is passed into law. Already,...
As four of the nation’s crude oil grades remain under force majeure and the schedule for two other grades face delay, the country is losing at...
The second over-the-counter foreign exchange futures contract (NGUS AUG 24 2016) with notional amount of $152.48m at $/N310, matured and was settled on the FMDQ platform....
Naira Hits Record Low of 409 Per Dollar The Nigerian Naira hit a record low against the US dollar on Thursday, following the Central Bank of...
Nigeria’s largest mobile money service, Paga, reached a new milestone on Wednesday when its users hit 5 million. The highest among any of the 21 Nigeria...
As part of efforts to address the unemployment challenges facing the country, Nigeria youths have been charged to invest in agriculture and harness the useful potentials...
The West Africa Civil Society Institute (WACSI) has lamented that the foreign aid culture has left many African countries more debt-laden, inflation prone and more vulnerable...
A Singapore based investment organization, Ashdene Associates Nigeria, has signed an agreement with the Akwa Ibom State Government to invest in agricultural development, infrastructural expansion and consolidation...