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Latest Business News

CBN to Punish Banks for Illegal Forex Transactions

Banks were yesterday hit with allegations of round tripping. Acting Director, Trade…

Farouk Mohammed Farouk Mohammed

Economic Team Considering Policy Options to Revitalise Economy – Presidency

The Economic Management Team has been considering several policy options and measures…

Farouk Mohammed Farouk Mohammed

First Bank Appoints ‘Patrick Iyamabo’ As Chief Financial Officer

First Bank of Nigeria Limited has approved the appointment of Mr. Patrick…

Farouk Mohammed Farouk Mohammed

MTN to Sell $729m Stake to Black Investors

South African mobile phone company MTN Group will sell shares worth 9.9…

Farouk Mohammed Farouk Mohammed

Islamic Development Bank (IsDB) Opens Office in Nigeria

The Minister of Finance Mrs. Kemi Adeosun along with the President of…

Farouk Mohammed Farouk Mohammed

NPF Microfinance Bank to Open 11 New Branches

NPF Microfinance Bank has gotten approval for the establishment of 11 more…

Farouk Mohammed Farouk Mohammed

CBN Governor, Godwin Emefiele Emerges President of African Central Banks

The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele,…

Farouk Mohammed Farouk Mohammed

Naira Suffers Further Loss Against Dollar at Parallel Market

The Naira on Friday suffered further loss against the dollar at the…

Farouk Mohammed Farouk Mohammed