The Central Bank of Nigeria (CBN) on Friday said that the nation’s foreign exchange reserves declined to $29.13 billion as at December 29. The bank said...
The board of directors of Ecobank Nigeria has announced the appointment of Mr. Charles Kie as the new Managing Director designate of Ecobank Nigeria Limited effective...
Continuing difficulties by manufacturers and other importers in accessing foreign exchange or at least the statutory form ‘M’ cover for imports is setting the stage for...
At the Central Bank of Nigeria’s last Monetary Policy Committee meeting of Tuesday, November 24, 2015, the apex bank reduced its Monetary Policy Rate (MPR) moving...
The Debt Management Office (DMO) says it will raise N50 billion worth of bonds in two categories on December 9. The DMO disclosed this in its...
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...
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...