Report Reveals 3 Banks fall Short Of CBN’s Liquidity Ratio Conditions Three banks have failed to meet the 30 percent liquidity ratio requirement of the Central Bank...
John Bray, US consul general, and Laura Beaufils, British deputy high commissioner to Nigeria, have said foreign investors were discouraged by issues faced by MTN in...
The Naira on Wednesday depreciated to N363.54 to the dollar at the investors window in Lagos, weaker than N363.32 posted on Tuesday. Investors traded 397.57 million...
The Federal Government has disclosed that the country will not jump into signing the African Free Trade Agreement (AFCFTA) because of its implication on the nation’s economy. Dr...
Africa’s Richest Man, Aliko Dangote Speaks On His Dream/Mentor Aliko Dangote, Africa’s richest man, and his empire, the Dangote Group, according to reports are responsible for...
Godwin Emefiele, governor of the Central Bank of Nigeria, says the move to restrict forex supply on 41 items including rice and toothpicks has aided the...
We Should Be Celebrating High Oil Price Says NNPC DG Ben Akabueze, director general of the Budget Office, says the Nigerian National Petroleum Corporation (NNPC) is...
Facebook Fined For “Serious Breaches Of Data Protection Law’ Britain’s data protection watchdog has fined Facebook £500,000 ($645,000) for “serious breaches of data protection law’’ in connection...
The Central Bank of Nigeria has increased the capital requirements for micro-finance banks in the country by 900 percent. #CBN releases Review of Minimum Capital Requirement...
Zainab Ahmed Speaks On MTN’s $8b Sanction Zainab Ahmed, minister of finance has adjudged the federal government sanctions on MTN, as damaging for Nigeria. The Central Bank...
Nigeria has been ranked 115 out of 140 countries in its 2018 Global Competitiveness Index by the World Economic Forum (WEF). The Nigeria Immigration Service (NIS) made this...
A report released by the World Economic Forum (WEF) has revealed that Nigeria moved up 10 places in Global Competitiveness, from its 2017 spot of 125...
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign...
The Federal Government’s approved a 90-day special window for business registration at a reduced rate of N5000 only. Mr. Laolu Akande, Senior Special Assistant to the President on...
Emefiele Warn Nigerians Against Pending Recession Godwin Emefiele, the governor of the Central Bank of Nigeria, has warned about the possibility of the country slipping into...
The Monetary Policy Committee of the Central Bank of Nigeria earlier today, left the Monetary Policy Rate unchanged at 14 per cent. https://twitter.com/tostvnetwork/status/1044592542199803905 Naija News learnt that...
The Central Bank of Nigeria (CBN) has revoked the licence of Skye Bank Nigeria Plc, Naija News Understands. Polaris Bank Takes Over Skye Bank https://t.co/AfCPIPODce —...
The Niger Area Command of Nigeria Customs Service (NCS) generated about N1.2 billion revenue from January to August 2018. NCS Controller in the state, Mr Abbas...
The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24. The...
The Central Bank of Nigeria (CBN) has declared the withdrawal of the operational license of Skye Bank. Godwin Emefile, the governor of the country’s Apex bank...