Nigeria’s foreign reserves rose by $140.9m from $35.67bn as of September 1 to $35.81bn as of September 17, the latest figures from the Central Bank of Nigeria have shown. The reserves rose b... Read more
The Board of Directors of Polaris Bank Ltd and Asset Management Corporation of Nigeria has appointed Mr Segun Opeke as an Executive Director. The bank’s Company Secretary, Mr Babatunde Osibo... Read more
The global recession this year will not be as deep as expected as a result of countries’ efforts to counter the economic fallout from the coronavirus pandemic, the OECD said on Wednesday. Bu... Read more
The National Bank of Dubai, the largest banking group in the emirate, signed a memorandum of understanding Monday with Israel’s Bank Hapoalim, on the eve of the UAE-Israel normalisation acco... Read more
Nigeria’s Public Debt Stock has hit N31.009 trillion as at June 30, 2020, the Debt Management Office (DMO) said on Wednesday. A statement issued by the Office said the data showed that in na... Read more
The Nigerian Naira depreciated against the US dollar in the parallel market on Monday in contrast to the massive gains it recorded last week. According to market monitors, ngnrates.com, the... Read more
Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries,... Read more
The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of approximately US$1b to support the upstream operations of its subsidiary, Nigerian Petroleum Developme... Read more
Following MultiChoice’s announcement to adjust subscriptions, subscribers are to pay more to view channels on DStv and GOtv networks with effect from Monday. MultiChoice in a statement by it... Read more
The board of Polaris Bank Limited, the Asset Management Corporation of Nigeria, and the bank’s shareholders have appointed Mr Innocent Ike as the acting managing director/ chief executive of... Read more
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