In its bid to increase forex liquidity and prevent dollar shortages, the Central Bank of Nigeria (CBN) announced that it had injected $210 million into the interbank foreign...
The Securities and Exchange Commission (SEC) has advised investors to shun a proposed restructuring plan by Partnership Investment Company and its subsidiaries. In a release, SEC noted...
The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has commended the directive of the Central Bank of Nigeria (CBN) compelling commercial...
The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has warned banks against selling dollars to eligible travelers above the stipulated price of N360....
Ladol is considering a potential listing on the Nigerian Stock Exchange and corporate bonds, two strategic moves the company’s management hopes will help raise capital to...
There are strong indications that Nigerians may soon begin to experience poor internet connectivity in the coming days, owing to the inability of Internet Service Providers...
Bureaux de Change (BDCs) operators have rejected the order by the Central Bank of Nigeria (CBN) directing BDCs operators to make at least three dollar purchases weekly...
Nigerian based petroleum giant Oranto Petroleum and Russian state owned oil firm have opened talks with respect to a possible partnership. This was disclosed by a...
Shareholders of Forte Oil Plc have approved the company’s plan to restructure its business operations. At the 39th Annual General Meeting (AGM) in Lagos, shareholders gave...
Telnet Nigeria Limited is reportedly near closing a deal to sell controlling stakes in its mobile money business subsidiary, Paycom, to Opera Software, maker of the...
