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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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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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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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N541.8b Debt: Three Banks Set To Take Over Etisalat


Despite the intervention of the Nigerian Communication Commission (NCC), to broker a peaceful resolution between …

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Bitcoin Tops Gold For First Time


A unit of the digital cryptocurrency known as Bitcoin has exceeded the value of an …

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Three Million Nigerians Lost N18bn To MMM


The Nigerian Deposit Insurance Corporation (NDIC) on Wednesday, 1 March 2017 said an estimated 3 …

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Naira Appreciates Further At Parallel Market

parallel market

The Naira on Thursday 23, February 2017 consolidated its gains against the dollar at the …

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Manufacturers Slam Banks For Forex Racketeering

Manufacturers Forex racketeering

Manufacturers have accused commercial banks in Nigeria of engaging in foreign exchange (Forex) racketeering, which …

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World Bank Agrees To Give Nigeria $2.5bn Loan

World Bank loan

The International Bank for Reconstruction and Development, better known as the World Bank has agreed …

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