A $1.7bn loss from the sale of its Brazilian unit dented earnings at HSBC, with the bank’s third-quarter profit falling...
James Comey has told Congress that the FBI will take no further action against Hillary Clinton over new emails relating...
Brussels is reviewing how it grants EU market access to overseas financial companies, casting doubt over the use of the...
Nigeria has warned international oil companies they must stop treating the country like a “trading colony” and demanded they invest...
The nation’s currency which traded at N470 to the US dollar in the early hours of Monday, closed at N467/$...
The naira yesterday maintained gain over the dollar across segments of foreign exchange markets following increased volume of sales to...
Non-Performing Loan (NPL) in the banking industry rose by by 158 percent in the first half of 2016, to N1.7...
Nigeria, heading for its first full-year contraction in 25 years and in need of funding to cover a record budget...
Nigerian banks will need to re-define strategies, as the latest EY survey shows 34 percent of their customers strongly agree...
The banking system’s credit to the private sector, which is put at N21,424.95 billion, grew by 13.5 percent, quarter-on-quarter, in...
The pressure on the nation’s currency continued yesterday after the Central Bank of Nigeria (CBN) kept key monetary rates unchanged....
Theresa May shrugged off warnings from the European Union’s eastern members that they’ll veto a Brexit deal, saying that it’s...
As the economic recession bites hard, with a decline in purchasing power and subsequent adjustment in consumption patterns of most...
The naira remained pressured last week in spite of the re-admittance of the suspended deposit money banks into the foreign...
Banks’ credit to government (Cg) grew by 231.72 percent to N2.5 trillion at the end of June 2015 from N757.53...