Business News
Business and economic news from Nigeria and around the world.
Track Your Stocks: Top 5 Stocks Today (5/6/2014)
Redstar Express led the gainers chart today gaining 5%. On a day that the CBN Governor revealed his policy mandate...
Read moreDetailsWhat Godwin Emefiele’s Policy Statement Means For Your Money
The current CBN made his very first policy statement today as a CBN Governor and it was one that sent...
Read moreDetailsKPMG: Nigerian Banks’ Assets Worth $117b and Growing
The banking sector is expected to grow to over $168 billion by 2015, a KPMG report on the subsector has...
Read moreDetailsA-L-A-R-M-I-N-G: External Reserves Fall by $11.3bn In One Year
The nation’s external reserves have fallen by $11.3bn from $48.4bn in May last year to $37.1bn as of May 27...
Read moreDetailsYour Money: Why Naira Expected to Appreciate Against The Dollar Next Week
The naira is expected to extend gains against the U.S dollar next week on support from energy companies' month-end dollar...
Read moreDetailsOfficial: Skye Bank Secures $150m Tier-2 Capital
As part of efforts to expand its operations, Skye Bank Plc Thursday disclosed that it has raised about $150 million...
Read moreDetailsWorth Noting: This Mutual Fund Will Target A Minimum of 12%pa Irrespective of Exit and Entry
SFS Capital Nigeria Limited (A member of the Skye Financial Services Group) has recently launched an investment product called SFS...
Read moreDetailsSANUSI Vs FG: Judge Transfers Sanusi’s Case To National Industrial Court For Lack Of Jurisdiction
Justice Gabriel Kolawole of the Federal High Court, Abuja held yesterday that his court lacked the jurisdiction to hear the...
Read moreDetailsFederal High Court Rules FRC Can’t Investigate Sanusi
The Judge said the FRCN’s posturing shows that they are prejudiced. A Federal High Court in Lagos has barred the...
Read moreDetailsWhy Nigerian banks Reject Foreign ATM Cards
The Central Bank of Nigeria’s cash-less policy drive is facing threats as majority of the Automated Teller Machines in the...
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