With market liquidity opening at N167.26 billion last Friday, Nigeria’s interbank overnight lending rate jumped sharply to an average of 15 per cent from five per...
While the naira depreciated week-on-week against the United States dollars greenback at the interbank market by 0.09 per cent to N282.25/$1, it remained steady at N345...
The market value of Shares of embattled Skye Bank dropped at the close of trading on the floor of Nigerian Stock Exchange last Friday 8.42 per...
By ODUNEWU SEGUN WITH about 45% of Nigerian banks loan denominated in dollars, the recent devaluations of the naira may have increased liabilities for some banks...
By CHIOMA OBINAGWAM DESPITE harsh operating environment and a sharp decline in global oil prices, Total Nigeria Plc, a major player in the downstream sector of...
From ODIMMEGWA JOHNPETER, Abuja ARISING from key issues that are thrown up at the monthly sector meetings, the Minister of Power, Works and Housing, Babatunde Raji...
…debunks claims of authorizing increase in air fares By Isaac Tersoo Agber The Nigerian Civil Aviation Authority has condemned reports making the rounds in some national...
Global oil benchmark, Brent crude fell by five per cent to a two-month low on yesterday, Thursday 7th, after the United States government reported a weekly...
By Odunewu Segun Despite assurances from the Central Bank of Nigeria that no commercial banks in the country is in distress following the takeover of Skye...
In other to support local enterprises involved in import-export activity, the African Development Bank (AfDB) has extended a $350 million lifeline to First Bank of Nigeria...