Commercial banks taking dollar-denominated loans should hedge the facility against risk of currency fluctuations, FMDQ OTC Securities Exchange Managing Director/CEO Bola Onadele has said....

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate from 14 per...

Alibaba Group Holding Ltd. may get its cheapest dollar-denominated syndicated loan ever as it negotiates with banks to amend terms of...

Chief Executive Officer Dara Khosrowshahi has cut the largest deal of his tenure, buying Middle Eastern ride-hailing competitor Careem Networks FZ for $3.1 billion. Uber...

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, on Tuesday lamented the incomplete budget releases to...

Nigeria produced a total of 55.85 million tonnes of solid minerals in the 2018 fiscal year, data released by the National Bureau of Statistics...

The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has projected that the current monetary policy stance of the bank is...

Europe’s economic outlook was thrown into fresh doubt after reports showed weakness across France and Germany. Hopes that the slowdown...

SHANGHAI (Reuters) - Smartphone retailers in China say it’s a tough sell of late with consumers reluctant to upgrade, put off...

United Bank for Africa (UBA) Plc has announced its audited 2018 financial results with impressive growths achieved across major financial lines. According to the 2018 financials...