Investors in some of Nigeria’s major downstream companies, expecting a repeat of last year’s bumper performance, may have to cut short their expectations as they...
The Nigerian Stock Exchange, NSE, kicked off the new week on Monday, August 7, with sustained bullish trend driving up market value. The All Share Index surged by...
The Central Bank of Nigeria (CBN) on Monday boosted the foreign exchange (FOREX) market by offering a total of $195m in three segments of the market....
Nigerian aviation industry, the National Association of Aircraft Pilots and Engineers (NAAPE), has threatened to ground the operations of Aero Contractors over its dismissal of 60...
Chief Angus Uzoamaka, an Abuja-based insurance broker, has urged the Federal Government to consider tax relief for industries operating in Nigeria in order to boost economic...
The Central Bank of Nigeria (CBN) has disclosed that a sum of N57.35 billion ($187.7million) was spent by the federal government on debt services/payments between January...
Regulatory capital ratios have been impacted by the large depreciation of the naira given the extent of dollar lending in the sector. Banks have also been...
The Central Bank of Nigeria (CBN) has extended the timeline of BVN enrolment for Other Financial Institutions (OFIs) to December 31, 2017. In a letter to...
Bitcoin leaped more than 16 percent at the weekend into record territory, significantly strengthening against its offshoot “bitcoin cash” amid a hack on the new...
Capital importation into Nigeria has tripled to about $1.5bn last week, three times the $502 million imported a week earlier, National Daily has gathered. According...