By Dipo Olowookere The sum of N2 billion has been earmarked by the Bank of Industry (BoI) and Bayelsa State government to support entrepreneurs in the...
By Modupe Gbadeyanka A research carried out by FBNQuest Research has predicted that Nigeria’s economy will leave recession this year and grow by 2 percent. However,...
By Dipo Olowookere President of Chocolate City Group, Mr Audu Maikori, has been released by police in Abuja about 24 hours after he was arrested. Mr...
By Modupe Gbadeyanka The suspension earlier placed on an operator in the Nigerian capital market, Heritage Capital Markets Ltd, has been lifted. An embargo was before...
By Modupe Gbadeyanka FMDQ OTC Securities Exchange has admitted the quotation of the Sterling Bank Plc N2.40 billion Series 1-3 Commercial Paper (CP) Notes, under its...
By Modupe Gbadeyanka According to Reuters, Nigeria’s overnight lending rate more than doubled to 25 percent on Friday from 10.17 percent on Thursday after the central...
By Modupe Gbadeyanka Commercial banks in Nigeria have been directed by the Central Bank of Nigeria (CBN) to file their foreign exchange returns in Dollar. This...
By Modupe Gbadeyanka As from Monday next week, banks in Nigeria will receive an additional $20 million every week from the Central Bank of Nigeria (CBN)...
By Modupe Gbadeyanka The sum of $250 million has been approved by the National Economic Council (NEC) to be injected into the Sovereign Wealth Funds (SWF)....
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has been asked to review it foreign exchange policy amid the free fall of the local currency...