Naira depreciates by N9
The naira, on Monday August 3 depreciated by N9 at the Bureau de Change as speculators and foreigners swooped on…
SEC wants BGL’s suit on N5.7bn debt quashed
The Securities and Exchange Commission, SEC, has asked a Federal High Court sitting in Lagos to strike out the suit…
CBN adjusts forex rate to N197
The Central Bank of Nigeria on Thursday implemented marginal adjustment of exchange rate from N196.95 to N197 against the United…
Equity market decline: NSE boss asks investors not to fret
Oscar Onyema, chief executive officer of the Nigerian Stock Exchange (NSE) has asked investors in the Nigerian capital market not…
BRICS countries set to end Bretton Woods’ monopoly
The dominance of the Bretton Woods institutions, namely the World Bank and the International Monetary Fund, as the world’s leading…
Wema Bank earns N20.87billion gross income in six months
Wema Bank Plc recorded a gross earnings of N20.87 billion in half year of 2015 financial year. This is a…
Tambuwal lauds Fidelity Bank’s FHHP initiative
Governor Aminu Waziri Tambuwal of Sokoto State has described the Fidelity Bank Helping Hands Programme (FHHP) as a veritable tool…
Investors lose N1.032 trillion
Investors in the nation’s stock market have lost over N1.032 trillion between May 28 and July 16, 2015. The market…
Ecobank collaborates with MoneyGram on money transfer
Ecobank Nigeria in collaboration with MoneyGram, would commence money transfer service from Nigeria to any part of the world. The…
Devaluation of the Naira is inevitable – S&P
By Dike Onwuamaeze The Standard and Poor’s has declared that the Central Bank of Nigeria (CBN) cannot do without further…