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Nigeria’s foreign reserves at risk over $9bn – UK

Nigeria’s foreign assets as well as its oil vessels in international waters are at risk as a British company moves to enforce a $9bn...

Chi Limited pushes Coca Cola’s global market value to $204.8bn

The Coca Cola company’s market value rose by about one percent, following the full acquisition of Nigerian beverage marker, Chi Limited, on Wednesday. This rise...

GTB: Licensing telcos for payment services ‘a threat to banks’

A new report by Guaranty Trust Bank says the decision of the Central Bank of Nigeria to license telecommunications companies for payment services is...

Reserves would’ve crashed to $2bn without forex restriction — FG

Nigeria’s foreign exchange reserves would have crashed to as low as $2bn if the Central Bank of Nigeria had not restricted importers from accessing...