The Central Bank of Nigeria (CBN) sold about N400 billion ($1.27 billion) of Treasury bills on Friday, lifting the interbank lending rate up to 12 percent,...
The Naira on Friday closed at N305.25 to US dollar at the official window rate, the same rate it traded the previous day before the closure...
The first African local-currency bond ETF will launch in the second quarter this year with an initial investment of $25-30 million, according to the fund’s manager...
Top Nigerian lender, Fidelity Bank has continued in its quest to promote and catalyze export businesses in Nigeria with the fourth stream of the Export Management...
Major highly capitalised stocks on Friday posted price depreciation forcing the market indicators to close negatively.
The Naira on Friday depreciated further to N500 to a dollar at the parallel market after it had remained stable for nearly three weeks, Newsverge reports.
Oyo State Government has confirmed the receipt of N7.2 billion as its share of the Paris Club excess deductions.
The National Bureau of Statistics (NBS) has revealed that the Nigeria Banking sector recorded 910,186,115 transactions valued at N65.16 trillion in 2016.
The Manufacturing Purchasing Managers’ Index (PMI) stood at 48.2 index points in January 2017, indicating a decline in the manufacturing sector during the review period.
The Federal Executive Council on Wednesday in Abuja approved a revised National Tax Policy to address low taxation in the country.
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