Manufacturers and other private sector operators on Tuesday painted a gloomy picture of how the foreign exchange restriction placed on 41 items by the Central Bank...
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...
Global investors are encouraged to buy naira assets barely two months after the Central Bank of Nigeria introduced forex flexibility policy. Most of the investors that...
The naira closed firmer on the interbank market on Monday after the Central Bank of Nigeria sold dollars to some commercial banks towards the end of...
Sun International Limited is planning to exit the Nigerian market after the South African casino and hotel operator’s earnings in the country plunged amid a weakening...
Deposit Money Banks have yet to comply with the Central Bank of Nigeria’s directive asking them to sell $50,000 from Diaspora remittances to Bureau De Change...
Midcom Group has announced a $50million retail expansion, growing its Mstore brand from 300 outlets, to 1,300 in 2018 and over 2,000 outlets by 2020, which...