First Bank: Market expectant as new leadership prepares to take over The nation’s financial market is at the moment caught in a waiting mode as...
Days after the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its recent review of the state of the economy and...
State-run development finance is behind 80 percent of infrastructure funding in Nigeria and other African countries with China heading the list of investors, according to a...
Union Bank of Nigeria Plc has appointed Mr. Cyril Odu as chairman of the board of directors following the resignation of previous chairman, Senator Udoma Udo...
The African Development Bank Group (AfDB) has granted a N2.364 billion ($12 million) credit facility to Nigeria’s LAPO Microfinance Bank Ltd. The bank, in a statement...
The Manufacturers Association of Nigeria (MAN) has said that the reduction of the Monetary Policy Rate (MPR) from 13 percent to 11 percent is not enough....
Zamfara State has issued a seven-year bond at a fixed rate of 17 percent to raise N7 billion ($35 million) for infrastructure projects, the lead issuing...
The Central Bank of Nigeria (CBN) on Tuesday cut its key interest rates from 13 percent to 11 percent, the very first of such cut since...
The Central Bank of Nigeria (CBN) has given three commercial banks until June 2016 to recapitalise after they failed to hit a minimum capital adequacy rate...
