Bitcoin is likely to split again in November, say major players
Bitcoin is likely to split again in November, say major players BITCOIN is looking increasingly likely to splinter off again in November, creating a third version of the world’s…
Britain to double aid spending to fight modern slavery worldwide
Britain to double aid spending to fight modern slavery worldwide ANTI-slavery activists on Wednesday welcomed Britain’s pledge to double its aid spending on global projects tackling the crime to…
Forte Oil suspends N20bn fresh capital
Forte Oil suspends N20bn fresh capital By Kayode Ogunwale FORTE Oil has put a planned N20 billion share sale on hold, after it received regulatory approval for the…
Four Nigerian banks trade below minimum liquidity ratio -MPC members
Four Nigerian banks trade below minimum liquidity ratio -MPC members FOUR Nigerian banks are operating with too many non-performing loans on their books and with liquidity ratios below the…
Nigeria raises more than planned from bills as foreigners buy debt
Nigeria raises more than planned from bills as foreigners buy debt NIGERIA’S central bank on Wednesday raised more money from an auction of treasury bills than originally planned after…
FX market in doldrums as funds offer dollars at premium -traders
FX market in doldrums as funds offer dollars at premium -traders OFFSHORE funds in Nigeria offered on Wednesday to sell the dollar at close to its black market rate,…
AfDB, Brazil to groom African youth in cassava processing
AfDB, Brazil to groom African youth in cassava processing THE African Development Bank (AfDB) and the Brazil-Africa Institute (BAI) have launched the Youth Technical Training Program (YTTP) an initiative…
Nigeria’s foreign debt hits $15.1bn, as domestic debt stood at N14.1trillion
Nigeria’s foreign debt hits $, as domestic debt stood at Nigerian States and Federal Debts Stock data as at 30th June 2017 reflected that the country’s foreign and domestic…
President Muhammadu Buhari Statement at the UN General Assembly in New York
STATEMENT DELIVERED BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA AT THE GENERAL DEBATE OF THE 72ND SESSION OF UNITED NATIONS GENERAL ASSEMBLY, IN NEW YORK, ON TUESDAY,…
Equities records marginal loss of N10bn
Equities records marginal loss of N10bn By Gbenga Olasunkanmi THE equities market experienced a slight adjustment with a marginal loss to improve the market's outlook today. At the end…