Trading on the Nigerian Stock Exchange (NSE) continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to...
The Naira rose against the Dollar at the parallel market with the cash and transfer rates appreciating 0.11 per cent and 0.14 per cent respectively to...
The Naira appreciated 0.04 per cent to N362.04/$ at the Investors and Exporters (I&E) FX window, underpinned on increased Foreign Portfolio Investment inflow into the country,...
The value Naira dipped at the parallel market and Investors and Exporters (I&E) FX window on Tuesday. At the parallel market, the cash rate depreciated further...
Access Bank Plc will leverage on its merger with Diamond Bank to attract more opportunities from international partners, the bank’s Group Managing Director, with Mr. Herbert...
Naira appreciated 0.05 per cent against the Dollar at the Investors and Exporters (I&E) FX window on Thursday. The local currency which opened at N361.92, traded...
By FELIX OLOYEDE The Nigeria Deposit Insurance Corporation (NDIC) has debunked newspaper report that it hastily liquidated liquidation of Fortis Micro-Finance Bank (MFB). Mohammed Ibrahim, Head,...
Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have stated their commitment to the formulation of sound policies to enhance the...
By UCHE CHRIS In early October of 2006 the CBN Governor brought a prayer to the board to allow some of our banks participate in foreign...