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Nine banks’ return fails to lift up naira

    Nine banks’ return fails to lift up naira

The naira struggled throughout last week against the dollar despite expectations that Central Bank of Nigeria’s (CBN’s) decision to re-admit suspended banks into the interbank market would lift the currency.

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CBN to place fraudulent bank customers on watch-list

    CBN to place fraudulent bank customers on watch-list

The Central Bank of Nigeria (CBN) yesterday said it is working out regulatory framework that would enable it to either blacklist fraudulent bank customers, or at least, place them on

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Nigeria ‘ll overcome economic recession, says Saraki

    Nigeria ‘ll overcome economic recession, says Saraki

Senate President, Dr. Bukola Saraki, yesterday said Nigeria would overcome the current period of economic recession. Speaking with State House correspondents after observing the Friday Jumaat prayer with President Muhammadu

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ZENITH BANK LAUNCHES *966# FREE AIRTIME PROMO

    ZENITH BANK LAUNCHES *966# FREE AIRTIME PROMO

Nigeria’s foremost Financial Institution, Zenith Bank Plc., has launched the *966# Friday campaign to reward its USSD banking customers by giving them a chance to triple their airtime purchased every

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‘Cement price may go up’

    ‘Cement price may go up’

Cement manufacturers have warned that if the naira is further devalued, the price of cement would be further increased. Cement

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Flexible forex policy narrows trade deficit

    Flexible forex policy narrows trade deficit

•DMO to raise N120b from local market Nigeria’s trade deficit narrowed in the second quarter following increased exports in June,

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Kia introduces 8-speed FWD automatic transmission

    Kia introduces 8-speed FWD automatic transmission

• Advanced transmission developed in-house for front-wheel drive models • Intelligent packaging ensures lighter weight and similar dimensions as a

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BoI to increase funding to mining sector

    BoI to increase funding to mining sector

The Bank of Industry has promised to increase funding support to the mining sector in order to improve the sector’s

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Nigerian banks lead in equities’ N372b loss

    Nigerian banks lead in equities’ N372b loss

Banking stocks suffered the most among 25 top losers in the equities’ market as share price decline left investors with

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CBN releases new guidelines on foreign investment inflows

    CBN releases new guidelines on foreign investment inflows

•Foreigners can now invest in T-Bills, commercial papers Non-Nigerians are now free to invest in short-term debts and securities. The

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