Emmanuel Kachikwu, minister of state for petroleum resources, says Nigeria is expecting a loan...

Speaking with state house correspondents after Wednesday’s meeting of the federal executive council, Kachikwu said the loan, which will be used to bolster infrastructure...

MPC outcome: Analysts want FG, CBN to develop how to manage economy in recession

Contrary to the belief that the Nigerian economy is heading towards recession, some financial analysts have said that the country is already in recession...

FG reform agenda will enhance confidence in economy, attract FDI- ICCN boss

The Chairman, International Chamber of Commerce Nigeria (ICCN), Mr. Babatunde Savage, has said that the reform agenda of government will enhance more confidence in...

CBN reiterates commitment to financial system stability

As part of its ongoing efforts at ensuring overall growth of the Nigerian economy, the Central Bank of Nigeria (CBN) has reiterated its commitment...

FX Futures market will drive equity markets growth

 FMDQ OTC Securities at the launch of the OTC FX Futures market stated that the FX futures market will attract significant capital flows to...

Dwindling profit: How banks woo depositors through incentives

 In an effort to mitigate the continuing decline in profitability, some proactive Deposit Money Banks (DMBs), are now increasingly relying on various forms of...

UBA Boosts Kenya Power with $10m Facility

United Bank of Africa (UBA) has given a US$10 million loan facility boost to Kenya Power Company’s target of distributing 5,000MW by 2017. The loan...

OPIC Boosts PAMIGA Finance, Renewable Energy Access in Rural Africa

The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and the Calvert Foundation Wednesday signed financing agreements to expand the lending...

AfDB VPs Announce Agenda for 2015

The Vice-President and Secretary General of the African Development Bank, Cecilia Akintomide, and the AfDB's Acting Vice-President and Chief Economist, Steve Kayizzi-Mugerwa have announced...

Fact behind the Figures as FBN Holdings Prepares for AGM, 2015

As FBN holding prepares for its 3rd Annual General Meeting, AGM 2015. The stalwarts of FBN Holdings were at the Nigerian Stock Exchange to...

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