Gistsstack provides quality business news from Nigeria and all over the globe.

Okonjo-Iweala Named Director At UK Bank

Okonjo-Iweala UK bank

—Ngozi Okonjo-Iweala, former minister of finance, has been named an independent non-executive director at UK …

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2017 Budget Will Be Affected By Uncertainties In Oil Markets – Kachikwu

2017 budget kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the 2017 budget implementation …

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Dangote, Fashola In 36-Man Council On Industrialisation


Acting Nigerian President, Yemi Osinbajo on Tuesday, May 30 inaugurated Nigeria’s Industrial Policy Competitiveness Advisory …

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Banks To Deduct Stamp Duty For Dec 2016


Deposit money banks (DMBs) say they will deduct stamp duty for transactions carried out in …

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CBN Rejects IMF Advice To Float The Naira

IMF float

Amidst raging calls by the global business community for the Nigerian government to float the …

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CBN To Sustain Forex Intervention, Releases Fresh $418m


The Central Bank of Nigeria (CBN) on Sunday vowed to sustain its intervention in the …

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Banks Jostle For Govt Bonds As Non-Performing Loans Soar


The Nigerian government is offering such good rates on bonds and Treasury bills that the …

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CBN Should Take Price Of Dollar To N340-N350 – Rewane


The CEO of Financial Derivatives, Bismarck Rewane, has called on the Central Bank of Nigeria …

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Government Gives Fresh Conditions For Release Of Paris Club Funds

Paris club

The Federal Ministry of Finance yesterday listed fresh conditions for the release of the Paris …

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Houses Demolished In Otodo Gbame, Lagos

Many residents in Otodo Gbame, a community in the Lekki area of Lagos state, have …

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