Business

The Central Bank of Nigeria (CBN) is on the verge of an agreement over a $8.1 billion dispute with South African telecoms giant MTN, its governor Godwin Emefiele said yesterday, …

In a move to ensure more investors regularize their accounts thereby reducing the volume of unclaimed dividends in the Nigerian capital market, the Securities and Exchange Commission, SEC has announced …

The Federal Government has raised funds from its external debt requirements to finance the 2018 budget at a considerably lower cost than projected. Following the successful pricing, Minister of Finance …

MTN Nigeria Communication Ltd has filed a fresh suit at the Federal High Court in Lagos to challenge the legality of N242 billion and $1.3 billion import duties and withholding …

United States (U.S.) High Commission Consul-General F. John Bray has said $1.3billion American businesses in Nigeria are threatened. The threats, according to him, are coming from instability in the exchange …

The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign …

Nigeria National Petroleum Corporation (NNPC) boss Maikanti Baru yesterday told the Senate that the corporation spends $1.05billion from dividends of Liquefied Natural Gas (LNG) to augment daily shortages incurred in …

The Central Bank of Nigeria (CBN) yesterday unveiled operational guidelines for Payment Service Banks (PSBs). The move is in furtherance of the CBN’s mandate of promoting a sound financial system …

Nigeria arguably has the highest number of unbanked and underserved population compared to other countries across the globe, the acting Director General of the Securities and Exchange Commission (SEC), Ms …

Debenhams department store in Oxford Street, central London. The store posted a £491.5 million loss in the year to September 1 Debenhams has unveiled plans to axe up to 50 …