Economy

Reports from the Nigerian Interbank Settlement System (NIBSS) have indicated that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85...

The board of Diamond Bank Plc on Monday finally announced its merger with Access Bank Plc expected to be completed...

The Monetary Policy Committee (MPC), for the 14th consecutive time, has retained the Monetary Policy Rate (MPR) at 14 per...

Nigeria Deposit Insurance Corporation (NDIC) says the number of fraud cases attributed to internal abuse by staff of banks increased...

The Central Bank of Nigeria (CBN) has continued to sustain liquidity in the foreign exchange market, as it boosted the...

CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 115 OF THE MONETARY POLICY COMMITTEE MEETING OF 25th AND 26th SEPTEMBER, 2017. Background...

Manufacturers Association of Nigeria (MAN) has vehemently opposed the admission of Morocco into the Economic Community of West African States...

Guaranty Trust Bank Plc, on Tuesday, released its audited financial statement for the half year ended June 30, 2017, declaring...

Zenith International Bank Plc has declared a profit after tax of N75.32 billion for the half year ended June 30....

The  Nigerian National Petroleum Corporation (NNPC) said on Monday that the  nation’s  current crude oil production had risen to 2.35...

The Federal Government, on Monday, offered for subscription a two-year savings bond at 13.535 per cent and three-year savings bond...

Acting President Yemi Osinbajo, on Tuesday, inaugurated the multi-billion Naira Wacot Rice Mill in Argungu, Kebbi State. It is the...

The Central Bank of Nigeria (CBN) on Friday injected $462,336,426.74 million into the Foreign Exchange (Forex) market The bank had...

The Federal Inland Revenue Service (FIRS) has projected N1.8 trillion Value Added Tax (VAT) collection for 2017 fiscal year. The...

The United Bank for Africa (UBA) on Tuesday drove activity on the Nigerian Stock Exchange (NSE) with a turnover of 2.09...

Acting President Yemi Osinbajo says the Muhammadu Buhari administration is committed to reviving the Nigerian economy within the next 18...

Acting President Yemi Osinbajo has assented to Nigerians in Diaspora Commission Establishment Bill 2017. He also signed the Petroleum Training...

Nigeria’s manufacturing sector has witnessed expansion for the third consecutive month, according to data released by the Central Bank of...

Following its $800 million intervention in the inter-bank Foreign Exchange (FOREX) Market last week, the Central Bank of Nigeria (CBN),...

The Public Relations Officer (PRO) of the Federal Inland Revenue Service (FIRS), Mr Wahab Gbadamosi, says the service is presently...