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...
Divisional Head, Retail, SME Banking and E-Business, Unity Bank Plc, Mr. Olufunwa Akinmade has explained that the “raison d’etre for launching the Bank’s latest retail product...
For the first time in over two years, the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 13 per cent. Mr...
Operatives of the Economic and Financial Crimes Commission, EFCC, stormed the Maitama, Abuja home of a former governor of Imo state, Senator Rochas Okorocha, to effect...
The Executive Vice-Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), Mr. Babatunde Irukera on Monday disclosed that plans has been concluded against...