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THE rate at which e-fraud is happening in Nigeria is alarming. Read more

Following its application to operate as a national bank, Diamond Bank Plc yesterday announced that it had received the approval of the Central Bank of Nigeria (CBN). Read more

The Central Bank of Nigeria (CBN) has increased its foreign exchange injections for Bureau De change (BDCs). Read more  

Governor, Central Bank of Nigeria, CBN, yesterday said that individuals and organisations found  circumventing the foreign exchange restriction placed on the 41 items will be banned from operating bank accounts in the country. Read more

It contains a forecast of the next 5 years, starting 2018 and ending 2023 with a host of metrics like supply-demand ratio, SAMe market frequency, dominant players of SAMe market, driving factors, restraints, and challenges. Read more

NEW YORK (Reuters) – Global oil markets are nervously eyeing OPEC’s upcoming meeting for clarity on future supply as the dust settles after a full-fledged rout in crude markets over the last several weeks. Read more

Nigeria’s importation of refined petroleum products rose by  five percent  to 5.56 billion litres in the third quarter of 2018, Q3’18, from   5.3 billion litres recorded in the Q2’18. Read more

BRUSSELS (Reuters) – Consumer agencies in the Netherlands, Poland and five other European Union countries asked privacy regulators on Tuesday to take action against Google (GOOGL.O) for allegedly tracking the movements of millions of users in breach of the bloc’s new privacy law. Read more

Investors in the equities market have turned to insurance stocks as they snubbed those of oil, banks, consumer goods and industrial sector on Tuesday. Read more

WorldStage Newsonline– Nigeria’s Minister of State for Petroleum Resources, Dr Ibe Kachikwu has raised hope that three modular refineries, out of 40 licenses issued would likely come on stream by end of 2019. Read more

Nigeria plans to upscale its financial services sector with the issuance of licences to payment services banks as part of efforts to deepen access to finance and drive economic growth. Read more

The Nigerian government is expected to lose an estimated $ 6 billion because of corruption in the sale of the Oil Prospecting Licence (OPL) 245 to Shell and Eni Oil in 2011. Read more

The Nigeria’s refinery capacity will reach 1.1 million barrels per day in 2020, the Minister of State for Petroleum Resources, Ibe Kachikwu said yesterday. Read more

THE European Investment Bank has signed a new fifteen year EUR 200 million loan agreement with the African Export-Import Bank, Afreximbank, aimed at supporting trade-related productive investments, including renewable energy projects, in Africa. Read more

The Punch report, explained that “the $10.97bn figure was arrived at, by our Correspondent, based on the weekly compilation of amounts released by the Apex Bank to boost liquidity in the foreign Exchange Market.” Read more

The ongoing partnership between the Central Bank of Nigeria (CBN) and the Association of Bureaux De Change Operators of Nigeria (ABCON) has kept the naira stable at both the official and parallel markets despite huge campaign spendings by political parties. Read more

The global “OTA Testing market” research report exhibits a thorough study of the global market which will enable our customers to anticipate future demands and strategize executions. The OTA Testing market research report will offer deep understanding of the global market. Read more

The Monetary Policy Committee (MPC) for the 14th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. Read more

The National Insurance Commission has cancelled the Tier Based Solvency Capital recapitalisation of the underwriting sector with immediate effect. Read more

The combination of tightening global financing conditions, which has resulted to capital outflows in the country, the elevated global risk aversion, 2019 election uncertainties and high services payments are likely to put pressure on the naira going into next year, THISDAY has learnt. Read more