The stability of the nation’s banking industry has been emphasised by the Central Bank of Nigeria (CBN), which has confirmed the security of money in Nigerian...
By Edozie Obasi-Eze Sequel to the notice of the Bank of England on its intention to withdraw the £20 and £50 paper notes from circulation,...
FG, others to pay more for foreign debt — Afrinvest By Babajide KOMOLAFE LAGOS-BANKS are desperately searching for how to invest the over N1 trillion of...
LAGOS-Nigeria banks advanced over $2.5 billion, about N437.5 billion, to Indigenous companies for the acquisition of the divested assets of Shell Petroleum Development Company, SPDC, and...
ABUJA-The banking sector recorded 3,756 fraud cases involving the sum of N21.79bn in the 2013 financial period, the Nigeria Deposit Insurance Corporation has said. The corporation,...
Fitch Ratings says in a new special report that Nigerian banks are performing well despite the twin hurdles of tight monetary policy actions and new banking...
By Kunle Kalejaye Investors in Nigeria power sector are poised to secure $7.5 billion from offshore banks to finance the sector in the next five years...