Tribunal orders FCMB to pay N988.5m decade old debt
The Investments and Securities Tribunal, Abuja, on Wednesday ordered First City Monument Bank Plc (FCMB) to pay the sum of N988.5million to a stock broking
Category : Finance
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Analysts differ on retention of 14% MPR
Analysts have taken different positions on the retention of the Monetary Policy Rate (MPR) at 14% by the Central Bank of Nigeria (CBN). The analysts
Afreximbank approves $200m for Telecom Egypt for cross-border marine cable
The African Export-Import Bank (Afreximbank) says it will commit up to $200 million to Telecom Egypt to enable the firm acquire a cross-border marine cable.
Capital market indices drop further by 0.25%
Key indicators of the performance of the Nigerian Stock Exchange (NSE) declined for the third consecutive day, dropping by 0.25 per cent on Wednesday as
FAAC: FG, states, LGs share N701bn
The Federal Government, states and local governments shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mr. Mahmoud
How states withdrew N593.1bn from federation account in Q1 2018
The 36 states of the federation have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of
Traders in FCT say bank charges, poor network hindering POS usage
Some traders in the Federal Capital Territory (FCT), say bank charges and poor network is responsible for their inability to use Point of Sale (POS)
CBN Headquarters on Fire?
The headquarters of the Central Bank of Nigeria (CBN) in Abuja, was engulfed in smoke, on Tuesday evening. The smoke which started about 2 hours ago
