Aderemi Ojekunle
Oil drops more than $1 after Saudi price cuts, demand optimism fades
Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July. The drop is coming after…
CBN steps up offensive against forex manipulators
The Central Bank of Nigeria (CBN) has stepped up the offensive against foreign exchange manipulators by placing the bank accounts…
CBN directive on savings deposit will prop real sector, analysts
Analysts at United Capital have said the recent CBN directive to banks to pay a minimum of 1.25 percent on…
Forex transactions hit $92.18m at I&E window
The Naira at the official window on Friday closed at 379.00/$1, unchanged against the previous day’s position. The Investors and…
BDC operators worry $20,000 from CBN may not be enough
As the Central Bank of Nigeria resumes the sale of foreign exchannge to bureau de change houses after it was…
Delta, Akwa Ibom, Rivers receive lion share as FAAC disburses N606.20 bn in May
Charles Abuede The Nigerian Niger Delta states of Delta, Akwa Ibom and Rivers and others received the lion share as a total…
Canadian Imperial Bank appoints Nigerian legal professional to senior executive role
The Canadian Imperial Bank of Commerce (CIBC), a leading North American financial institution, has appointed a Nigerian-born Kikelomo Lawal, to…
President Buhari okays the reopening of gyms, amusement parks, cinemas
President Buhari has approved the reopening of recreational centres like gyms, amusement parks and cinemas following the recommendation of the…
MACBAN canvasses independent federal ministry for livestock
Onome Amuge The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has called on the federal government to address its…
JSE to acquire majority stake in South Africa’s Link Market Services
Charles Abuede The Johannesburg Stock Exchange (JSE) Limited, the operator of the Johannesburg Stock Exchange (JSE), Africa's largest, multi-asset class stock…
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