Leading international money transfer provider Small World Financial Services (“Small World”), has signed a partnership with Ecobank -the leading Pan-African banking group, based in Lomé, Togo....
We saw bearish sentiment in the domestic bourse today as the benchmark index declined 19bps to 40,494.35 points on the back of sell-offs in STANBIC (-4.4%), NIGERIAN BREWERIES (-3.3%), and ZENITH (-0.6%). Consequently,...
Minister of Power, Mr Sale Mamman has said that the Federal Government spends over N50 billion monthly on electricity. Mr Aaron Artimas, Special Adviser, Media and...
Today, we saw a rebound in the domestic bourse as the benchmark index rose 33bps to 40,573.31 points on the back of buying interest in SEPLAT (+10.0%), WAPCO (+5.1%), and GUARANTY (+1.5%)....
Ecobank Nigeria said it has concluded arrangement to host a webinar to provide insightful information on how banks can effectively help educational institutions and faith based organisations...
Ecobank Nigeria (“ENG” or “the Bank”), a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group,...
National Bureau of Statistics has said that “the Federation Account Allocation Committee (FAAC) disbursed the sum of N601.11 billion to the three tiers of government in...
Today, the local bourse posted a bullish performance as the benchmark index rose 78bps to 41,014.30 points on account of buying interest in DANGCEM (+7.0%), MTNN (+1.6%), and UNILEVER (+2.6%)....
National Bureau of Statistics’ Data has shown that three bank with foreign interest facilitated bulk of the foreign money that came into the country. The banks...
The domestic equities market extended losses for the third consecutive trading session due to sell-offs in DANGCEM (-7.4%), ZENITH (-3.1%), and UBA (-6.9%). As a result, the NSE All-Share Index...
A total of N6.45 billion was deducted from the allocations of the 36 states as part of external debt deductions from the November 2020 Federation account...
Sell pressures in ZENITH (-0.8%), GUARANTY (-0.5%), and INTBREW (-2.6%) dragged the benchmark index lower by 13bps to 41,510.16 points, extending the previous day’s loss. As a...
Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head,...
International Monetary Fund IMF, Board of Directors have noted that multiple rates, limited flexibility, and foreign exchange shortages are posing challenges to Nigeria and have thus...
The total capital importation for the year 2020 contracted by 59.7 per cent y/y to $9.7 billion from $23.9 billion in 2019. The disaggregated full year...