‘Why Skye Bank Died’- NDIC Reveals Secret
The Nigeria Deposit Insurance Corporation ( NDIC ) has revealed why Skye Bank Plc died. NDIC said its risk assessment and forensic investi...
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South Africa: Deputy finance minister had death threat before Gupta expose
In his Wednesday statement, Jonas said the Guptas had offered him Nene's job but he rejected it "out of hand" on the ground...
Nigerian Finance Minister Ngozi Okonjo-Iweala Bags African Finance Minister Of The Year Award
Nigeria's Minister of Finance, Dr Ngozi Okonjo-Iweala, on Friday bagged the African Finance Minister of the year award for her outstandi...
NIGERIA: Report On $10.8bn Missing Oil Money Ready Nov —Coordinating Minister
Coordinating minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, has assured that the report of the audit into the una...
Hackers Indicted For Withdrawing $45 Million From ATMs All Over The World
A group of thieves were able to steal $45 million from thousands of ATMs across over 20 countries, and the thieves did not use a single thre...
Etisalat Nigeria To Invest $500 Million This Year
The Nigerian operation of United Arab Emirates phone operator Etisalat (ETEL.AD) plans to invest $500 million to expand its network this yea...
World’s Most Expensive Phone Costs $15 Million {EXCLUSIVE PHOTO}
Yes, this is an Apple iPhone 5 and it costs $15 million dollars. Do you know how many regular stock iPhones you could purchase for that pric...
Nigeria Regulator Suspends Ecobank From Capital Markets
Nigeria's stock market regulator said it has suspended Ecobank from all capital market activities because of irregularities surrounding ...
Zimbabwe Central Bank Now Backs Indigenisation Laws
Zimbabwe's central bank chief who has previously warned government against the seizure of foreign banks on Thursday appeared to make an ...
Nigeria - Wema Bank Seeks 35 Bln Naira Capital By Year End
Nigerian regional lender Wema Bank aims to raise 35 billion naira ($222.22 million) in tier 1 capital by year-end, with a view to meeting re...
Opinion - CBN Governor Sanusi Lamido Sanusi's Trap By Kingsley Omose
The announcement by Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN), that the CBN is to introduce a new N5,000 note and ...
South Africa - Current Account Records Largest Deficit In 4 Years
South Africa's current account recorded its largest deficit in nearly four years in the second quarter of 2012 as exports fell because o...
Nigeria - Finance Minister Okonjo Iweala Doesn't Want WTO Job
Nigeria's Finance Minister Ngozi Okonjo-Iweala is not interested in replacing Pascal Lamy as head of the World Trade Organisation (WTO) ...
Nigeria - N5,000 Note Will Save Economy N7 Billion Annually - CBN
The Central Bank of Nigeria (CBN) has disclosed that the planned introduction of N5,000 note and coins in 2013 will save the economy N7 bill...
Nigeria - Senator Recommends Sack Of CBN Governor Sanusi
"Nigerians should stop this professinal miscalculation, financial suicide" Senator Femi Ojudu representing Ekiti Central Distric...
Nigeria - The N5,000 Note, Unwelcome Change?
The Central Bank of Nigeria has announced plans to introduce a 5,000 naira note as part of a currency restructuring exercise. Worth ju...
Sanusi: Unemployment Rate in Nigeria Doubled over Past 5 Years
Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, has disclosed that while the Nigerian economy grew at the rate of seven p...
Access Bank sacks 1,500 Intercontinental employees, shuts down branches
As a result of the completion of the acquisition of Intercontinental Bank Plc by Access Bank Plc, the bank on Friday terminated the employm...
Staff of Enterprise Bank Nigeria kick against Salary Cuts
MD, Enterprise Bank, Ahmed Kuru By Festus Akanbi A showdown appears imminent between staff of Enterprise Bank Limited (formerly Spring Ban...
Nicolas Sarkozy backs early debt relief for Ivory Coast
PARIS (Reuters) - French President Nicolas Sarkozy threw his support behind the Ivory Coast's bid for early IMF-backed debt relief dur...
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