The Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to the DMO, the...
African Export-Import Bank (Afreximbank) today announced agreed mandate to the International Islamic Trade Finance Corporation (ITFC) to raise a US$250 million Murabaha Financing facility, which will...
The Central Bank of Nigeria, (CBN) has asked banks operating in the country to accept indemnity from customers for transactions of N1million and above. The apex...
Titan Trust Bank has sacked the board and management of Union Bank PLC after taking over the bank. In a statement, the bank notified the Nigerian...
Abbey Mortgage Bank Plc, Nigeria’s leading non-aligned Primary Mortgage Bank in Nigeria (PMBN) made a profit before tax (PBT) of N661.063 million from a loss before...
The NGX-ASI fell 0.3% to close at 52,815.78 points due to sell pressure on NB (-4.7%), ZENITH (-1.9%), and INTBREW (-5.7%). Accordingly, YTD return moderated to...
World Bank Group has said that Green, Social, and Sustainable (GSS) bonds market remains a new frontier for Africa that will help the continent build a...
The NGX-ASI lost 1.2% to close at 52,974.15 points due to sell pressure on OKOMUOIL (- 10.0%), FBNH (-4.5%), and FIDELITY (-4.7%). Accordingly, YTD return moderated...
SPB Exchange, Russia’s second-largest bourse, said on Monday it will transfer up to 14% of U.S.-listed shares that its clients possess to a non-trading account after...
International Monetary Fund has said that the US dollar’s share of global foreign-exchange reserves fell below 59% in Q4 2021. The Fund in its Blog Chart...
Today, losses in NB (-10.0%), WAPCO (-2.4%), and ZENITH (-1.7%) dragged the NGX-ASI down 0.3% to 53,637.14 points. Accordingly, YTD return moderated to 25.6% (previously 25.9%)...
International Police Interpol led operation targeting malware cyber fraud across Southeast Asia has resulted in the arrest of three Nigerians suspected of engaging in global scamming....
The Debt Management Office (DMO) says it is advisable for Nigerians to invest in the various Federal Government Securities, as they are profitable and risk-free. The...
The local bourse started the week on a negative note as the NGX-ASI fell 0.6% to 53,772.14 points due to sell pressure on MTNN (-3.0%), PRESCO...
TAJBank Limited, Nigeria’s leading non-interest bank, says it recorded Profit Before Tax (PBT) of N1.6 billion in Financial Year 2021. The bank’s Managing Director, Mr Hamid...