The naira on Monday further depreciated against the dollar at the parallel market. The local currency lost N1.50 to the dollar as it traded at N225.5 to...
A British financial expert, Mr. Gerard Lyons, has urged the administration of President Muhammadu Buhari to come up with a clear economic policy direction to enable...
The Bankers’ Committee, an umbrella body of managing directors of deposit money banks in the country and directors of the Central Bank of Nigeria (CBN), has...
The Director General of Standards Organisation of Nigeria (SON), Dr Joseph Odumodu, has said that Nigerians must change their consumption pattern for the economy to thrive....
International agency Fitch Ratings yesterday said Nigerian banks needed more liquidity following the withdrawal of public sector deposit. The agency said the withdrawal of the estimated...
The possible resignation of the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, should not come as a surprise to Nigerians. A source told DAILY POST...
Investment bank and asset manager Lazard Ltd said Ngozi Okonjo-Iweala has joined the firm as a senior adviser, with a focus on sovereign advisory. Okonjo-Iweala was...
Operatives of the of the National Drug Law Enforcement Agency, NDLEA, yesterday arrested a Bureau De Change operator and five other suspected money laundering syndicate for...
Nigeria continued to reel from the impact of the decision by US investment bank JP Morgan & Chase to phase out Nigerian bonds from its indexes,...
Equity transactions on the Nigerian Stock Exchange (NSE) on Thursday dropped both in volume and value terms. The financial analysts attributed the lull in the market...
First Bank of Nigeria has appointed its first female Chairman. Ibukun Awosika’s appointment came up as the former chairman, Prince Ajibola Afonja retired. Join us in...
The Senate will today begin an inquest into alleged mismanagement of funds appropriated to the power sector from the Olusegun Obasanjo civilian administration to date In...