Amid free-falling foreign exchange reserves in it’s vault, the central Bank of Nigeria (CBN) has banned transfer of foreign exchange (forex) from one customer to another....
By Lukman Otunuga Grab your popcorn and find a cosy seat ahead of the latest Purchasing Manager Index (PMI) data from Europe, United Kingdom and the...
The Manufacturing Purchasing Managers Index (PMI) in the month of September stood at 46.9 index points, indicating contraction in the manufacturing sector for the fifth time....
Unitrust Insurance Company Limited says it has successfully raised N1.45 billion through rights issue and has over N6.4 billion qualifying capital as required by the National...
First Bank of Nigeria Limited has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN...
TIME has named one of Africa’s leading investors and philanthropists- Tony O. Elumelu, chairman of the United Bank for Africa Plc and Transcorp Plc, among three...
The domestic equities market sustained its positive performance from the last four sessions, as investors recorded another pocket of gain to the tune of N67 billion...
The power sector owes Niger Delta Power Holding Company (NDPHC) an outstanding balance of N160 billion, Chiedu Ugbo, the managing director, has disclosed on Wednesday. He...
By Investdata Analysts Trading on the Nigerian Stock Exchange (NSE), on Tuesday, gathered more gaining momentum, extending its bull transition for the third consecutive session on...
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO. 132 OF THE MONETARY POLICY COMMITTEE MEETING HELD ON 21st AND 22nd SEPTEMBER 2020 The Monetary Policy Committee (MPC) met...