Business

The Naira yesterday, 01 July appreciated in the parallel market to N1,510 per dollar from N1,515 per dollar last week Friday. However, the Naira depreciated to N1,508.99 per dollar in...

The governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso has called for regulations to strengthen anti-money laundering and cybersecurity crimes within the West African Monetary Zone (WAMZ). At...

The Nigeria Deposit Insurance Corporation (NDIC) says account name discrepancies in Bank Verification Number (BVN) linked alternate accounts of some defunct Heritage Bank customers are delaying the payment of their...

The Crude Oil Refineries Association of Nigeria (CORAN) has raised its voice in support of Dangote Oil Refinery and Petrochemicals Limited over allegations that local crude producers including the international...

The foreign exchange (FX) inflows to the economy rose to $24 billion in the first quarter of 2024 according to the Central Bank Governor Olayemi Cardoso. Speaking in an interview...

The All-Share Index on Tuesday, 25 June dropped to 0.09 per cent or 87 points to close at 99,217.60, compared to 99,304.12 recorded on Monday. The domestic exchange aped a...

With the advent of monetary tightening policies by the Central Bank of Nigeria (CBN), illiquidity in the banking system in Nigeria hits a new high in just three weeks of...

Devakumar Edwin, Vice President of Oil and Gas, at Dangote Industries Limited has said International Oil Companies (IOCs) in Nigeria are doing everything to frustrate the survival of Dangote Oil...

First Bank of Nigeria Limited has announced the appointments of Olusegun Alebiosu, Ini Ebong and Omotunde Alao-Olaifa as managing director/CEO, deputy managing director and non-executive director of the commercial banking...

Africa’s richest person and founder of the Dangote Group, Aliko Dangote, yesterday disclosed that he had already offset about $2.4 billion of the $5.5 billion he borrowed to build his...