Financial

The Central Bank of Nigeria (CBN), on Friday, May 3, 2019 made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange market totaling $271.83million and CNY41.14million....

Energy giant Royal Dutch Shell on Thursday said net profit edged higher to $6 billion in the first quarter, with the advance capped by cooler oil prices and a dip...

The dollar climbed across the board on Tuesday as financial markets re-opened after the Easter holiday and traders favored the greenback ahead of the release on Friday of U.S. gross...

World Bank loan portfolio in Nigeria now stands at $8.67bn, an investigation has shown. Loans from the International Development Association, one of the three arms of the World Bank, make...

World oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting currencies of several major...

The Central Bank of Nigeria (CBN) has assured investors and the international business community that the country having gone through a successful election is ready for huge investments. Understands that the...

Tier one lender, Access Bank and Diamond Bank, yesterday, gave an update on its merger plans as well as key issues pertaining to the individual banks. The banks disclosed this during a...

The Central Bank of Nigeria’s monetary policy of high-interest rates to commercial banks has been listed as part of the reasons Small and Medium Enterprises are not growing. Edo State...

The World Bank’s Task Team Leader, in charge of Better Education Service Delivery for All (BESDA), Hajiya Aisha Garba has threatened to withdraw its $611 million loan granted to the Nigerian government. The $611...

By Sunday Ojeme The initial excitement over the much publicised insurance industry rebranding project has waned. Initiated by the industry operators to boost public awareness with a huge moral and...