By FEIX OLOYEDE The recently repatriated Abacha loot and the approval of an International Monetary Fund (IMF) loan to Nigeria could not sway investors’ confidence in...
President Muhammadu Buhari has approved the appointment of Mr Alwan Hassan as Acting Managing Director, Bank of Agriculture (BOA). This was contained in a statement by...
By FELIX OLOYEDE The demand for dollars by businesses that have obligations to settle abroad and the dearth of inflows into Nigeria have intensified pressure in...
By EMEKA EJERE As the Coronavirus (Covid-19) pandemic continues to take its toll on both the global and Nigerian economies, there are strong indications that many...
The Central Bank of Nigeria (CBN) has extended the deadlines issued to Microfinance banks (MfBs) to recapitalise their capital base. In a circular issued to all...
No fewer than 3,256 individuals and small businesses have so far benefited from the Central Bank of Nigeria’s (CBN) N50 billion Targeted Credit Facility (TCF) to...
The Managing Director of Maxifund Securities Limited, Mazi Okechukwu Unegbu, has advised Nigerian banks to grant their debtors who had suffered huge losses in the aftermath...
Despite the low volume of activity at the Nigerian foreign exchange market, naira weakened parallel segment. The cash and transfer rates of the parallel market increased...
Naira gained 0.26 per cent against the dollar to N385.63 at the Investors and Exporters (I&E) foreign exchange window on Wednesday. The local currency opened at...
