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Fitch Revises Outlook On Zenith, FCMB, Diamond, Union Bank To Negative

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LAGOS FEBRUARY 17, 2017 - Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer...

Aso Villa owes Abuja Disco N555m

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ABUJA FEBRUARY 17, 2017 - The Federal Government will spend the sum of N94.5 million to purchase bullet-proof tyres for the use of President...

Nigeria’s $1bn Eurobond begins trading on London Exchange

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LAGOS FEBRUARY 17, 2017 - The Federal Government’s $1bn 15-year government bonds started trading on the London Stock Exchange on Thursday. The Eurobond is the...

We Don’t Allocate Forex Directly To Bank Customers – CBN

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ABUJA FEBRUARY 17, 2017 - The Central Bank of Nigeria (CBN) yesterday said it does not directly allocate foreign exchange (forex) to bank customers....

Research calls for new approach to youth employment training strategies in...

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FRI, FEBRUARY 17, 2017-Innovative research released today by The MasterCard Foundation is making the case for a new approach to youth employment training strategies...

AfDB approves new US $28.2-million funding injection in Shelter Afrique

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FRI, FEBRUARY 17 2017-The African Development Bank (AfDB) said Thursday that it is arranging for an immediate loan of US$20 million for Shelter Afrique,...

Naira crashes to 516 as dollar scarcity widens

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LAGOS FEBRUARY 17, 2017 - The naira appears to have entered a free fall mode with the local currency selling for 516 per United...

Why FG withheld Ekiti allocation

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EKITI, FEBRUARY 16, 2017 - The Federal Government on Thursday explained why the N1.1bn Budget Support Facility for Ekiti State for the month of...

Court orders Diezani Alison-Madueke to forfeit N34bn to FG

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LAGOS, FEBRUARY 16, 2017 - A Lagos Federal High Court, on Thursday ordered the forfeiture of of about N34bn linked to former Minister of...

Why Buhari will not speak to Nigerians from London – Femi...

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ABUJA, FEBRUARY 16, 2017 - The Presidency, on Thursday declared that President Muhammadu Buhari will not speak to Nigerians from London because he has...