The naira weakened a second day and Nigerian stocks headed for biggest drop since 2010 as central bank measures to protect the currency of Africa’s largest crude producer from falling oil pr... Read more
Agence France-Presse A screengrab captured in November, from a Boko Haram video released by the Nigerian Islamist extremist group.The Islamic militant group Boko Haram reportedly seiz... Read more
The Central Bank of Nigeria (CBN) has revoked the operating licences of 21 Primary Mortgage Banks (PMBS) as well as one microfinance bank . It further directed the Nigeria Deposit In... Read more
Customers of banks who have reasons to make transaction on Wednesday (today) may have to make hay when the sun is shining. Most banks have indicated that they would be closing between 12 noo... Read more
The Securities and Exchange Commission has shifted the deadline for the recapitalization of registered capital market operators, which was billed to take off by January 1, 2015. The commissi... Read more
Amaka Onwughalu Skye Bank Plc has named Mrs. Amaka Onwughalu as the interim Managing Director for Mainstreet Bank Limited, wHich it recently acquired Mainstreet Bank from the Asset Managemen... Read more
The Central Bank of Nigeria (CBN) plans a review the guidelines for accessing its N220 billion Micro, Small and Medium Enterprises (MSMEs) Development Fund to ensure easy access by next yea... Read more
Officials International Monetary Fund (IMF) who are visiting Nigeria as part of its its regular consultations with member countries have expressed concern about the county’s huge size... Read more
World Bank’s $1.75b lifeline for power sector comingWorld Bank’s $1.75b lifeline for power sector coming The World Bank is readying the most comprehensive external intervention in Nigeria... Read more
The International Monetary Fund (IMF) forecasts that the Nigerian economy will record a lower growth of five per cent in 2015, no thanks to the dwindling crude oil earnings. The Nigerian eco... Read more
