Business

He rejected accusations that the CBN neglected its monitoring and regulatory role which allowed the illegal transfers thrive.

The suffering of the depositors would continue unless the NDIC enabling Act is speedily amended by the national assembly.

Foreign reserves down from $42.6 billion in September to $41.53 billion on November 16.

The bank accounted for 605.54 million shares worth N14.53 billion followed by Transcorp.

Brent crude, the global benchmark, was up 92 cents to $63.45 per barrel.

The partnership is for inclusive and sustainable industrial development in Nigeria for 2018- 2022.

Only 3.5 per cent of banks reported net losses, down from four per cent a year ago.

The embattled official was arrested and would be fired from Nissan’s board this week, the company said.

The governor said the improvement in security had provided opportunity to reach more women and children for coverage in remote...

As the banks raked in billions of naira in profits, they compensated their top directors with fat pay.

The commission says it has been inundated with complaints by subscribers on non-compliance with directions on data roll-over.

NDIC's operating income increased from N122.68 billion in 2016 to N146.47 billion in 2017.

The volume of trade between countries in Africa currently accounts for only 15 per cent of total world trade.

An official explains the reason for the shift.

This is the latest funding prior to the final MPC meeting for 2018.

The market capitalisation closed at N11.703 trillion compared to N11.633 trillion on Thursday.

The memorandum outlines a framework to deepen agency banking, financial inclusion and savings culture in the informal and agribusiness sectors.

The policies initiated by the federal government by abrogating monopoly, thereby allowing IOCs use any facility in Nigeria, yielded immediate...

The commission has also announced deadline extension for investors to regularise multiple accounts.

The railway concession project was worth around $2 billion.

The Nigerian currency exchanged at N363.90 to the dollar and stronger than N364.23 posted on Wednesday.

The market capitalisation which opened at N11.722 trillion shed N89 billion to close at N11.633 trillion against N11.722 trillion on...

The official assures the company would now invest in the Nigerian oil and gas industry with confidence.

The $2 billion project is for two lines connecting cities in the northern part of the country to others in...

Mr Abubakar's comments have elicited critical reviews by commentators.