The Central Bank of Nigeria has notified Deposit Money Banks, Non-Financial Institutions, other financial institutions against doing business in Crypto and other digital assets. In a...
The Police in Lagos, in a joint operation with the Edo State Command, have nabbed the mastermind behind the syndicate group, comprising over ten fraud groups...
One of Nigeria’s leading banks – Wema Bank has set out to make this season of love as eventful as possible for her customers and members...
Access Bank Plc has joined forces with American Express to broaden the acceptance and usage of American Express cards in Nigeria. Mr. Robert Giles, Senior Banking...
The sell-offs on the local bourse continued today and the All-Share index fell 10bps to 42,000.01 points as a result of price declines in GUARANTY (-2.1%), WAPCO (-1.6%), and ETI (-4.8%). Consequently, the YTD return...
The Nigerian Stock market resumed this month’s trading on a bearish note as the benchmark index declined 13bps to 42,357.90 points as a result of sell-offs in NESTLE (-3.7%), ACCESS (-1.6%),...
African Export-Import Bank (Afreximbank), has been ranked as Africa’s #1 mandated lead arranger in sub-Saharan Africa, according to Bloomberg’s 2020 full-year “Capital Markets League Tables”. This...
Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7% growth when compared to N586.9...
Federal Government of Nigeria has said that it paid off the 6.75% $500 million Jan 2021 Eurobond, which matured on the 28th of January 2021. This...
During the week, the CBN held its first monetary policy committee (MPC) meeting for the year on the backdrop of dampened optimism for improvement in global output...
African Export-Import Bank (Afreximbank) has disbursed $250 million of the $1.1 billion that supported the acquisition by Trans Niger Oil and Gas Limited (TNOG) of a...
World Bank has said that Economic inclusion programs has helped to boost the income and assets ofthe world’s poorest individuals and households with a “big push”...
At the close of trade, gains in banking stocks -STANBIC (+5.9%), ZENITH (+3.0%) and GUARANTY (+2.4%)- pushed the NSE-ASI index higher by 57bps to close at 42,169.41 points. Consequently, the YTD...
Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and...
The CBN said it has dole out N554.61 billion to 2, 849,490 farmers to enhance food security under its Anchor Borrowers Programme (ABP) beginning from 2015....