Nigeria politicians cause high dollar exchange rate – BDCs
A dollar goes for about N220.
20 Nigerian women win International award on agriculture
The winners will benefit from a two-year career-development program.
Ex-CBN depty Gov., Moghalu, appointed professor at Tuft University
Mr. Moghalu’s appointment will take effect from July 1, 2015.
CBN may devalue Naira again, as currency slumps to N213 to dollar at parallel market
The CBN had on January 28 put up some measures to stabilize the Naira and save it from further depreciation.
SEC approves new complaint framework for capital market operators
The new rules would recognise registered industry trade groups and Self Regulatory Organisations as important parts of the new framework.
Civil society groups hail AU adoption of Mbeki report on illicit financial flows
The groups demand quick implementation of the report.
Group wants new SEC DG removed over approval of Gombe N30billion bond
Allegations blamed on agents of the immediate past governor of the state.
Stranded Arik Air passengers shut down Abuja airport
Passengers said Arik is notorious for arbitrary flight postponement and cancellation and that they are disappointed that aviation authorities have failed to call the airline to order.
Slide in oil price: Solid minerals can save the economy, says miners’ chief
MAN says Nigeria needs to diversify its economy.
Court stops BPE from handing over controversial Kaduna Disco to Northwest Power Limited
BPE allegedly refused to invite reserved bidder, Leda Consortium, to complete the share purchase agreement.
AMCON approves acquisition of Enterprise Bank by Heritage
The sale is a landmark transaction in the Nigerian banking sector.
Dwindling Oil Price: CBN devalues naira, raises lending rate
The CBN has also reviewed the lending rate from 12 to 13 percent.
Nigerian Breweries targets 70 per cent market share after merging with Consolidated Breweries
After the merger, the directors say Nigerian Breweries market share is expected to jump 61 per cent to over 70 per cent, as a result of enhanced capacity to manufacture products of both entities.
13 things bank customers must know about Bank Verification Number
Bank Verification Number is part of Central Bank of Nigeria, CBN’s cashless policy.
Odinkalu, others sue Nigeria Central Bank for N65 ATM charge
The bank customers say the withdrawal fee is unjust.
New tariff for Nigerian gas begins January 1, 2015
The Commission recently approved an upward review of the gas
price from $1.5 per thousand cubic feet, MCF, to $2.5 per MCF.
Dangote moves 20 spots to become Forbes’ 23rd richest man in the world
Bill Gates is world richest person.
Finance Minister constitutes team to address military pension crisis
Military pensioners have been protesting the continued delay in the payment of their pension arrears.