As the business combination between Ecobank Nigeria Plc and Oceanic Bank International Plc is rounded up, the management of Ecobank Transnational Incorporated (the parent company of Ecobank
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Nigeria's central bank has reached the desired degree of stability for the country's naira currency and does not have a cause to be concerned over inflation due mostly to recent stability in its core
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LAGOS (Reuters) - Nigeria's First Bank said on Friday it was on track to achieving a 15 percent target on loan growth before year-end and hoped to take advantage of the higher interest rate
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ABUJA, Oct 14 (Reuters) - Nigeria's headline inflation rose outside the central bank's notional single-digit target in September, data showed on Friday, despite six official interest rate rises
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Finance Minister, Dr. Ngozi Okonjo-Iweala recently announces that the country was on the verge of securing a loan of $550 million from the World Bank to revamp the Agricultural Sector and also
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Nigeria’s naira gained the most in two years against the dollar in interbank trading after the central bank stopped foreign-currency purchases by oil-exporting companies at its
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Michael Eboh, 6 October 2011 Lagos — The Central Bank of Nigeria, CBN, said, yesterday, that the cost of processing, handling and managing cash, if not checked, will cost Nigeria about N192
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Inflation in Nigeria, Africa’s biggest oil producer, stayed near the limit of a central bank target and the economy expanded 7.72 percent in the second quarter, keeping pressure on the bank to
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Standard Chartered Bank Nigeria (StanChart) said it has opened a new branch in Lagos state due to the growth recorded in its operations. A statement from the bank also said that the move was
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Nigeria's Central Bank Governor Lamido Sanusi Jerome Favre/Bloomberg Nigeria's Central bank Governor Lamido Sanusi, who has raised the benchmark rate four times this year to 8.75 percent, is
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