Business

Shareholders have expressed mixed reactions to plans by the Central Bank of Nigeria (CBN) to sanction Chief Executive Officers (CEOs) of banks that fail to submit audited results of their …

China’s Central Bank said Thursday that it has signed a currency swap agreement with its Nigerian counterpart. The agreement will allow the two sides to swap a total of 15 …

The Central Bank of Nigeria (CBN), on Wednesday, injected 210 million dollars into the Inter-bank Foreign Exchange Market in continuation of its efforts to sustain liquidity in the market. The …

No fewer than 31 million customers have been captured in the Bank Verification Number (BVN), the Central Bank of Nigeria (CBN) has said. “As at December 2017, the implementation of …

Oando Plc grew its net profit by 405 per cent to N19.7 billion in 2017, sustaining a positive trend of good performance over the past five quarters. Key extracts of …

Any bank which fails to publish its annual account 12 months after the financial year end will have its chief executive sacked, the Central Bank of Nigeria (CBN) has directed. …

State run Saudi Aramco, the world’s top oil company, said on Sunday it has appointed five new members to its board including a female executive, a milestone for Saudi Arabia …

The Central Bank of Nigeria (CBN) yesterday pegged maximum daily transactions through mobile phone- Unstructured Supplementary Service Data (USSD)— at N100,000. The implementation of the policy starts June 1. Due …

The Nigerian Communications Commission (NCC) said it remitted N49.7 billion to the Federal Government in the first quarter of 2018. The NCC’s Director of Public Affairs, Mr. Tony Ojobo,  said …

The telecommunication sector contributed N8.6 trillion to the economy, a report released by a civic technology organization, BudgIT Nigeria, has revealed. The report titled: Operational and fund management analysis of …