By Dipo Olowookere The interbank lending rate in Nigeria slumped sharply to 5 percent on Friday from 15 percent last week, Reuters is reporting. This followed...
By Dipo Olowookere A total of $462.3 million was released into the foreign exchange market yesterday by the Central Bank of Nigeria (CBN). This was part...
By Dipo Olowookere In the just concluded trading week, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market capitalization appreciated by 8.36 percent to close...
By Modupe Gbadeyanka Second tier lender in Nigeria, FCMB Plc, has recorded a sharp drop in its profit in the first half of this year. In...
By Modupe Gbadeyanka One of the lenders in the country, Diamond Bank Plc, has suffered a decline in deposits from its customers despite introducing various services...
By Modupe Gbadeyanka The Group Chief Financial Officer (CFO) of Dangote Cement Plc, Mr Brian Egan, has been appointed as the Executive Director, Finance. This news...
By Modupe Gbadeyanka The upward momentum experienced on the trading floor of the Nigerian Stock Exchange (NSE) for over two weeks was abruptly brought to an...
By Modupe Gbadeyanka Minister of Budget and National Planning, Mr Udo Udoma, has reaffirmed plans by the Federal Government to achieve a single digit inflation rate...
By Dipo Olowookere President and Chief Executive Officer of Transnational Corporation of Nigeria (Transcorp) Plc, Mr Adim Jibunoh, has described the company’s 2017 half year performance...
By Dipo Olowookere Minister of Budget and National Planning, Mr Udo Udoma, on Thursday disclosed that the country’s economy was recovering and that by the end...