President Muhammadu Buhari on Wednesday said the sharp drop in the price of oil globally had put Nigeria in a volatile situation. He said the country made what he called
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The Monetary Policy Committee of the Central Bank of Nigeria has directed the management of the apex bank to adopt a flexible exchange rate policy in the inter-bank forex management
MTN shares fell after Nigeria suspended talks about a $3.9 billion fine on the South African mobile-phone company while the country’s House of Representatives completes an investigation into the nature
With over N649b recorded as non-performing loans in the banking industry last year which is almost at the 5% regulatory threshold, stakeholders agree that this call for serious concern to
Nigeria’s economy risks falling into recession after it shrank in the first quarter of 2016 as outputs in the manufacturing,
Despite the macroeconomic headwinds hitting the country in the past two years, the United Bank for Africa increased its shareholders’
Over 6,000 workers have been paid about N700million by the Nigeria Social Insurance Trust Fund (NSITF) as compensation under its
Zenith Bank Plc and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism,
Skye Bank Plc has been recertified and presented with a Certificate of Compliance to the Payment Card Industry Data Security
The Central Bank of Nigeria (CBN) has granted Jaiz Bank national license to operate Islamic non-interest banking in all the
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