…CBN kicks By DANLAMI BATURE DEPOSIT Money banks are still charging the Commission On Turnover (COT) in defiance of collective agreement reached between them and the...
Nigeria’s currency, the naira earlier this morning depreciated further at the parallel market amid growing shortage of the currency. National Daily gathered that the naira lost...
Professor Charles Soludo, has accused former President Goodluck Jonathan of running the apex bank during his presidency the way former Ugandan President, Idi Amin, ran his...
By Chioma Obinagwam Pandemonium has been stirred among Nigerians regarding government’s choices at financing the 2016 N2.22 trillion budget deficits. The deficit, according to the budget,...
…Represents 24% of N1.78trn Market Capitalisation loss By Chioma Obinagwam Investors in the shares of Nestle Nigeria, Cadbury Nigeria, Nigerian Breweries Plc and Guinness Nigeria Plc...
The Association of Bureau de Change Operators of Nigeria (ABCON) has called for collaboration with the Central Bank of Nigeria (CBN) to address the current depreciation...
By Chioma Obinagwam The downward trend which began on the Nigerian Stock Exchange(NSE) since the beginning of the new year has dragged into week ended January...
The NSE Chief Executive Officer, Mr Oscar Onyema, said that market capitalisation which has lost about N250 billion in five days may continue the trend with...
Investigation by National Daily has shown that customers are still skeptical about making cash deposits into their domiciliary accounts despite the directives by CBN lifting the...
The naira has depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar on...
