The Nigeria Deposit Insurance Corporation (NDIC) has increased the deposit insurance coverage for Primary Mortgage Banks (PMBs) by 150 per cent to N500, 000. NDIC Managing...
The persistent economic recession currently facing Nigeria has been blamed on wrong prescription by non-professionals, the Director of Policy of the Central Bank of Nigeria, CBN,...
Investigations by National Daily has shown despite the rising cost of doing business over the years, the Nigeria telecommunication industry has recorded a deliberate heavy reduction...
Members of the Organisation of Petroleum Exporting Countries (OPEC) have agreed to cut production — the first in eight years—by 1.2 million barrels per day...
Depositors who had their money trapped in some liquidated banks have been assured of the recovery of their funds by the Nigeria Deposit Insurance Corporation (NDIC),...
The Central Bank of Nigeria (CBN) has alerted Nigerians to the circulation of fake 100 banknotes of Hong Kong Dollar (HK$100). According to the acting Director...
“It is a cost saving measure” – Company Secretary Ericsson Nigeria, the Nigerian subsidiary of the global telecommunications support service solutions provider, has disengaged about 160...
By Akanbi Mayowa Central Bank of Nigeria Tuesday in Yenagoa said that a 50 kg bag of Nigeria rice is selling in Ebonyi for N8,000. This...
Despite losing grounds to the dollar at the parallel market to exchange for N480/$ as against the N473 last week, the Naira on Wednesday appreciated marginally...
As the scarcity of foreign exchange gets stronger at the parallel market, the value of the naira dipped further selling at N480 to the dollar yesterday...