Nigeria’s external reserves is down to $26.20bn from $26.32 it recorded on July, data from the Central Bank of Nigeria’s website has shown. Month-on-month, the reserves...
By Odunewu Segun Fidelity Bank’s half year financial statement, posted on the floor of the Nigeria Stock Exchange (NSE), showed that its net income dropped by...
By Odunewu Segun The naira dropped to N382 against the United States dollar at the parallel market, down from the N380 it recorded last Friday. While...
In other to increase the volume of dollar circulation in the market and stabilize the naira, the Central Bank of Nigeria is set to compel banks...
By Odunewu Segun With the recent hike of the Monetary Policy Rate from 12 per cent to 14 per cent by the Central Bank of Nigeria...
Sterling Bank Plc is set to raise N35bn before the end of 2016 in other to shore its capital base, the bank’s half year report...
On the lee side of a tourist haven lies a community steeped in acute poverty and neglect. Its people are beginning to feel cheated BY PETER...
Desperation is gradually leading the way to revolution in Nigeria’s money market—with ICT and social media now connecting borrowers to lenders away from the frustration in...
BY ISAAC TERSOO AGBER AFRICAN countries will soon begin toenjoy free movement of goods and persons with the aid of a new African Passport, a development...
The recent meeting of the General Assembly of the African Ministers’ Council, during the 6th Africa Water week should give great concern to Africa rulers. Water...