The Central Bank of Nigeria has said majority of consumers surveyed by it expect the nation’s currency to appreciate in the next 12 months. Read more

The Resort Group Chairman, Dr Wale Babalakin (SAN) and his companies are not indebted to the Asset Management Corporation of Nigeria (AMCON), their lawyer, Mr Olawale Akoni (SAN) has said. Read more

The Nigerian National Petroleum Corporation (NNPC) said it has put mechanisms in place to ensure steady supply and distribution of petroleum products as the year gradually drawing to end. Read more

THE Central Bank of Nigeria (CBN) has jerked up the minimum capital base for Micro-finance Banks (MfBs) by between 150 and 900 percent. Read more

Asset  Management Corporation of Nigeria, AMCON, on Monday, released the list of debtors it claimed have failed to negotiate successfully with the corporation. Read more

The National Association of Micro Finance Banks on Monday said that nine out of the 34 micro finance banks in Niger State have lost their operational banking licences. Read more

MTN Nigeria has told the federal high court sitting in Lagos that the Central Bank of Nigeria (CBN) does not have the power to impose sanctions on it, according to court papers sourced by TheCable. Read more

The Central Bank of Nigeria (CBN) has announced the introduction of mortgage guarantee companies, to reduce credit risk in the mortgage finance sector and increase access to mortgage loans. Read more

Chairman of Nigerian Insurers Association,  NIA, Mr. Tope Smart, in this interview, talks on challenges confronting the growth of insurance in Nigeria. Read more

Lagos Deep Offshore Logistics Base (LADOL) has accused its local content partner in the fabrication and integration of the $3.1billion Egina FPSO and the parent company of SHI MCI FZE, Samsung Heavy Industries Nigeria (SHIN) Limited,  of misrepresentation. Read more

Pension Fund Administrators (PFAs) have invested N1.49 trillion in Treasury Bills. Read more

The Nigeria economy, had for many years suffered from the volatility and vagaries of the global petroleum industry, with development in the global scene determining the shape of things in the country. Read more

The global “Sickle Cell Disease Drug market” research report exhibits a thorough study of the global market which will enable our customers to anticipate future demands and strategize executions. Read more

The President, Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Paul Ruwase has described as magnificent and spectacular the impact the Dangote Oil Refinery project would have on the Nigeria’s downstream petroleum sector. Read more

A hearing in the court case between MTN and Nigeria‘s central bank in a dispute over the alleged transfer of $8.1 billion of funds by the telecoms firm, has been set for Oct. 30, a lawyer for MTN said on Friday. Read more

The Senate yesterday asked the Central Bank of Nigeria, CBN, to direct commercial banks in the country to increase the maximum amount customers can withdraw from automated teller machines, ATMs, to N40,000 per transaction. The maximum is currently N20,000. Read more

The nation’s foreign exchange reserves have dropped to a seven-month low, losing $1.02bn in the 13 days to Monday, latest data from the Central Bank of Nigeria showed on Wednesday. Read more

There was mild drama on Tuesday in the Senate over the management of over $3.8 billion fuel subsidy fund by the Nigeria National Petroleum Corporation (NNPC). Read more

Minister of State, Mines and Steel Development, Alhaji Abubakar Bwari has disclosed that private investors have expressed their readiness to commit about $3.32 billion to fund some projects in the mining sector. Read more

The Federal Government, yesterday, said the engineering, procurement and construction of the planned $4.3 billion Nigeria Liquefied Natural Gas Limited (NLNG) Train 7 plant will be done in-country by mostly Nigerian companies. Read more