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CBN Releases Guidance Note On IFRS 9 Implementation

The Central Bank of Nigeria (CBN) has released a set of guidance notes on the implementation of the International Financial Reporting Standards (IFRS9) for...

Euro Dips below $1.13 Today

The euro dipped below $1.13 on Thursday after the European Central Bank postponed the timing of its first post-crisis rate hike to 2020 at...

Sterling To Slide To $1.20 If No Brexit Deal Agreed —...

Sterling would lose around 9 percent of its current value against the dollar and trade at $1.20 in the immediate aftermath of Britain leaving...

Huawei files lawsuit against US government over product ban

Huawei, one of the world's largest telecommunications equipment and services providers sues US government for banning product. Huawei has filed a lawsuit against the US...

Oil marketers cheat Nigerians by N198,500 per truck of product sold...

Mr Mohammed Sidi, Director, Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, says that oil dealers have been cheating Nigerians of...

Oil dips on U.S. stocks build, production outlook 

-- Crude oil futures continue to demonstrate whippy trades as markets balance between OPEC-led cuts and the effects of rising U.S. production levels. Oil prices...

Shareholders Endorse Access Bank – Diamond Bank Merger

Shareholders of Access Bank PLC have given the board and the bank the approval to pursue the scheme of the merger between the company...

China Vows “Fundamental Change” For Foreign Investors

China's legislature will vote next week on a highly-anticipated bill that will bring "a fundamental change" for foreign investors, an official said Monday (Mar...

Euro May Plunge To $1.05 If Chinese Gloom Grows — Stephen...

-- Europe’s “manufacturing and the tradables sector are clearly exhibiting stress, arising in part from the shock from China. The euro could weaken to levels...

Pound Sterling Edges Higher as Investors Await More Brexit Talks  

British pound edged higher on Tuesday as data for the UK’s dominant services sector — while still weak — came in slightly better than...

CBN Bans Importation of Textile Materials to Inhibit Smugglers

Central Bank of Nigeria (CBN) on Tuesday added textile to the list of 42 items ineligible for officially sourced forex. At a meeting with stakeholders...

Cryptocurrency mystery deepens as investors find wallets empty after Gerald Cotten...

Quadriga cryptocurrency goes missing after founder's death -- Latest report. The death of Gerald Cotten has left investors of Quadriga cryptocurrency devastated as their bitcoin...

It’s Official! Kylie Jenner is world’s youngest billionaire — — Forbes...

Kylie Jenner joins the likes of Jeff Bezos, Mark Zuckerberg and more as the world's richest people. The youngest of the Kardashian/Jenner clan has become...

N12.6trn revenue generated in 3 years — FIRS report breakdown

The Federal Inland Revenue Service said it generated N12.62 trillion in revenue in the last three years. FIRS said this in a document on its...

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