Contrary to insinuations in some quarters, the Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Timothy Oguntayo, has declared that deposit money banks (DMBs)...
The Central Bank of Nigeria (CBN) has introduced a maintenance fee on current account transactions, in a bid to generate revenue for deposit money banks. This...
LONDON Jan 21 (Reuters) – Ratings agency Standard & Poor’s reiterated on Thursday that Nigeria will have to devalue its currency, saying it expected this to...
The Cross River State Governor, Ben Ayade, has promised that his administration would not impose further taxes on the people of the state but would rather...
Kaduna State Governor Nasir El-Rufai yesterday announced state of emergency on revenue generation in the state. The State commissioner of Finance, Suleiman Abdu Kwari who disclosed...
Trading activities at the Nigerian Stock Exchange (NSE) for the fifth consecutive days on Friday, sustained a negative trend with the market capitalisation dropping by N250...
The naira, Wednesday, depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar, Tuesday,...
Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the...
Nigeria might be the richest economy in Africa but that does not impress hard-nosed investors who buy and sell shares at the local stock exchange. The...
The Naira on Monday depreciated by 2 per cent against the dollar at the parallel market. The naira shed N5 to exchange at N280 to the...
For demolishing the Oshodi market omostly occupied by Igbo traders when most of them were still celebrating the Yuletide in their villages, the Igbo apex socio-cultural organization,...
The Managing Director of the Federal Airports Authority of Nigeria, Engr Saleh Dunoma has stated that the Katsina airport terminal would be commissioned any moment from...