Nigeria’s gross official reserves has declined by US$580 last month, October, on a 30-day moving average basis to US$24.0bn. The monthly average movement has been an...
The Naira on Tuesday appreciated against the dollar in all the segments of the Forex market. The currency gained N44.95 to exchange at N305.27 to the...
By PATRICK ODEY, Uyo Angry youths from Esit-Eket have given oil giant, ExxonMobil, seven days ultimatum to address all issues contained in the Memorandum of Understanding...
Fidelity Bank Plc has gone live on the NIBSS mCash product which will allow its registered merchants to receive payments from customers using their phones, as...
The Naira on Monday fell freely at the official interbank market to exchange at N350 to a dollar from N328 it traded last Friday. At the...
Bureau De Change (BDC) operators are openly disobeying the directive of the Central Bank of Nigeria (CBN) to sell dollars at not more than 2 percent...
After Mr Segun Oloketuyi took over the management of Wema Bank in 2009, the first phase of his turnaround strategy was to scale down operations to...
BY ODUNEWU SEGUN IN an apparent bid to shore up dwindling capital base under, most Deposit Money Banks have not only continued to introduce all sorts...
Ibe Kachikwu, minister of state for petroleum resources, says the federal government will review its current pricing template before it can implement any increase in fuel...
Nigeria’s overnight interbank lending rate rose to 13 percent on Friday from 10 percent as some commercial banks were unable to access credit lines due...