Union Bank has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT...
The Central Bank of Nigeria of Nigeria (CBN) said it would begin payment of N65 rebate to exporters who sold their goods through the importers and...
Plans by the US and the International Energy Agency members to release a combined 240 million barrels of crude oil over the next six months, coupled...
The Central Bank of Nigeria has sanctioned three Nigerian Banks for facilitating cryptocurrency transactions thus violating CBN regulation that prevent banks operating in Nigeria financial space...
Today, losses in GTCO (-1.1%), NB (-1.1%), and ZENITH (-0.4%) dragged the NGX-ASI down 2bps to 46,766.16 points. Accordingly, YTD return moderated to 9.48% (previously 9.51%)...
The Board of Directors of African Export-Import Bank (Afreximbank) has approved the launch of the Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA), a programme...
Today, the All-Share Index gained 0.2% to 46,777.37 points due to buying interest in ZENITH (+3.4%), GTCO (+2.5%) and SEPLAT (+2.2%). Accordingly, the market capitalisation rose...
Senate has extended the implementation year of the 2021 Appropriation Act from 31st March to 31st May, 2022. The bill to amend the 2021 Appropriation Act...
Presco Plc has said that it is issuing N34.5 billion Series 1 seven-year Fixed Rate bonds under its N50 billion bond issuance programme. This is contained...
The Central Bank of Nigeria (CBN) through its Financial Services Regulation Coordinating Committee (FSRCC) has advised Nigerians to stop dealing with unlicensed or illegal financial operators...
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) against the practice of circulating composed banknotes which is part of their deposits with...
Nigerians graze for fintech is hurting the economy as many are operating undercover to do illegal deals. Some of them are application developed and marketed under...
The need to increase the opportunities for women-led businesses to access new markets, increase profit and expand their businesses has remained an important focus for Access...
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid N119. 1 billion as insured sums to 5535, 815 depositors, creditors and shareholders of closed banks...
Minister of State for Budget and National planning Prince Clem Ikanade Agba has expressed concern over the declining government revenue from oil stating that aggregate investment...