Latest Business News
CBN to Punish Banks for Illegal Forex Transactions
Banks were yesterday hit with allegations of round tripping. Acting Director, Trade…
Economic Team Considering Policy Options to Revitalise Economy – Presidency
The Economic Management Team has been considering several policy options and measures…
First Bank Appoints ‘Patrick Iyamabo’ As Chief Financial Officer
First Bank of Nigeria Limited has approved the appointment of Mr. Patrick…
MTN to Sell $729m Stake to Black Investors
South African mobile phone company MTN Group will sell shares worth 9.9…
Islamic Development Bank (IsDB) Opens Office in Nigeria
The Minister of Finance Mrs. Kemi Adeosun along with the President of…
NPF Microfinance Bank to Open 11 New Branches
NPF Microfinance Bank has gotten approval for the establishment of 11 more…
CBN Governor, Godwin Emefiele Emerges President of African Central Banks
The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele,…
Naira Suffers Further Loss Against Dollar at Parallel Market
The Naira on Friday suffered further loss against the dollar at the…