The President has formally accepted the disengagement of Adebayo Adelabu, Deputy Governor, Central Bank of Nigeria (CBN) in charge of operations. In a letter dated 24th...
A Federal High Court sitting in Lagos on Thursday ordered United Bank for Africa (UBA) and First City Monument Bank FCMB, to appear before it to explain their...
By Mohamed A. El-Erian Some may view the US dollar’s appreciation as consistent with a longer-term rebalancing of the global economy. But, as Argentina’s recent request...
By Kemal Derviş The world does not seem to face much risk in the short term. But in the medium to long term, rising income inequality,...
The debt crisis of many African countries has been generating apprehension in the international community over the additional debts burden created by rising interest rates. Apparently, a...
Standard Bank Group the parent company of Stanbic IBTC has announced a further acquisition of 1,141,191,943 of its Nigerian Subsidiary. This represents an 11.35% jump in...
The Nigerian Naira for the first time in a while caught a massive relief against the United States of America Dollar on Wednesday, at the parallel segment...
By Chioma Obinagwam The Central Bank of Nigeria (CBN), the country’s apex bank has authorized Deposit Money Banks(DMBs) participating or wishing to participate in the Over...
By Chioma Obinagwam The Securities and Exchange Commission (SEC) has warned the investing public against fraudulent electronic messages being circulated by Partnership Investment Company Plc. on...
The Minister of Finance, Mrs. Kemi Adeosun, has stated that Nigeria has adequate capacity to repay its debt obligations estimated at N21.7 trillion. Thus, she dismissed...