Nigerian Interbank Rate Eases on Liquidity Injection
Nigeria's interbank lending rate dropped 6.5 percentage points on Friday to 5 percent on average as the money market was awash with cash from...
Lagos Court Demands State Halt Slum Demolitions, Consult Residents
More than 300,000 people living on the edge of Lagos' lagoon may be spared eviction after a court ruled that planned demolitions of waterfront...
Nigeria Central Bank Hits Out at ‘Unpatriotic’ Policy Critics
Managing naira exchange rate benefits the poor, CBN says
Bank won’t abandon measures to defend naira, reserves
Nigeria’s central bank lashed out at critics...
Nigeria Tells Shell, Eni to Temporarily Cede Oil Field Control
A Nigerian court has ordered Royal Dutch Shell Plc and Eni SpA to cede control of a jointly owned oil license to the government...
Stanbic IBTC Announces Key Executive Appointments
Yinka Sanni named CEO, Stanbic IBTC Holdings PLC,
Sola David-Borha Chief Executive Standard Bank, Rest of Africa
Demola Sogunle, CEO, Stanbic...
Fidelity Bank Appoints Charles Aigbe as Divisional Head, Brand and Communications
Fidelity Bank Plc, one of Nigeria's leading banks has announced the appointment of Charles Aigbe as Divisional Head, Brand and Communications.
Following Fidelity Bank’s recent...
Fitch Downgrades Nigerian Rating Outlook on Dollar Shortages
Lack of foreign currency hampering West African economy
Low government revenue poses risk to debt sustainability
Fitch Ratings Ltd. revised the outlook on Nigeria...
Economic Recovery in Nigeria Hobbled by Oil, Currency Policy
Nation to continue currency defense despite dollar shortages
Government talking with militants to end oil-pipeline attacks
Nigeria’s economy may struggle to rebound from its...
Guinness Nigeria Plc Receives Shareholder Approval for N40bn Rights Issue
Guinness Nigeria Plc has received the approval of its shareholders for a proposed Rights Issue at its Extra-Ordinary General Meeting (EGM) held on Tuesday,...
Africa’s Biggest Bank Chasing Nigerian Deals After Oil Slump
· FirstRand won’t overpay on takeovers, Chairman Dippenaar says
· Lender ended talks on two deals over valuation differences
· The crisis in Nigeria is throwing...
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