BDCs prepare for FATF evaluation visit to Nigeria
Bureaux de Change (BDC) operators, acting under the aegis of the Association of Bureaux De Change Operators of Nigeria (ABCON)...
Oil jumps 2.4% after attack on Saudi field
Oil prices rose on Monday after weekend attack on a Saudi oil facility by Yemen’s Houthi forces. Traders also looked...
Anti-corruption Group Calls for Ethical Dealings in FX Trading
The Anti-Corruption and Transparency Monitoring Unit has called for transparency and ethical dealing in the Nigerian forex markets trading. The...
CBN to defend reserves against UK $9b court ruling
The Central Bank of Nigeria (CBN) on Monday it will strive to protect the country’s currency reserves after a British...
NCDMB seeks review of act to expand local content
Nigerian Content Development and Monitoring Board (NCDMB), may approach the National Assembly in the coming weeks, to seek review of...
UBA to support SMEs at Lagos trade fair
United Bank for Africa Plc says it is partnering the Lagos Chamber of Commerce and Industry to ensure the maximum...
All-Share Index Falls Below 27,000 Threshold as Market Sustains Losses
The Nigerian Stock Exchange (NSE) All-Share Index (ASE) fell below the 27,000 threshold to 26,925.29 last week following the free-fall...
Nigeria cbank head meets London fund managers -sources
Nigeria’s Central Bank Governor Godwin Emefiele met fund managers in London last week to lure investors back into the local...
UK $9 bln court ruling impacted Nigeria’s monetary policy – cenbank head
A British court ruling that granted a small natural gas firm the right to attempt to seize $9 billion in...
Africa development bank says risks to growth ‘increasing by the day’
The U.S.-China trade war and uncertainty over Brexit pose risks to Africa’s economic prospects that are “increasing by the day,”...
