World Bank Group President David Malpass has projected that the global economy is expected to expand 4 per cent in 2021, assuming an initial COVID-19 vaccine...
At the close of trade, the domestic equities market posted a negative performance as the benchmark index declined 183bps to close at 40,396.14 points. The bearish...
Legal expert says bank can take action against peddlers The Bank Customers Association of Nigeria (BCAN) late Sunday detested in unequivocal terms the attempt by some...
FCI along with Afreximbank has appointed Mr. Nassourou Aminou as the new Regional Manager for Africa. The recruitment of the Africa Chapter Regional Manager is a...
In commemoration of Breast Cancer Awareness Month in October, Access Bank’s ‘W’ Initiative, a flagship women empowerment program, organised a breast cancer awareness campaign for eight...
BUA Cement PLC, said that it has successfully concluded its N115billion Series 1 Fixed Rate Senior Unsecured Bond Issue (the “Bond or Issue”) under its maiden...
First City Monument Bank (FCMB) recorded significant losses at the first trading session of 2020. At about 10.55 am, the tier-2 Banking stock was trading at...
By Joseph Edgar Let me first out myself. I am a former Employee of FCMB. I worked there for a bit in the securities trading arm,...
Owing to the rising default in loan repayment forced by the Covid-19 pandemic and the declining economy that affected borrowers’ revenue inflow, First City Monument Bank...
Nigeria’s rising debt profiles is giving some policy makers sleepless night as the amount used to servicing debt between January and September 2020, has cost not...
KPMG Nigeria, has ranked Ecobank Nigeria among the top three banks with good customer experience in the Small and Medium Enterprises (SME) segment. KPMG’s Nigeria banking...
The market maintained previous session’s uptrend as the benchmark index rose 1.0% to settle at 39,512.31 points following price upticks in BUACEMENT (+10.0%), INTBREW (+10.0%) and FBNH (+1.4%). Accordingly, the...
The domestic equities market started the last trading week of the year on a bullish note, up 0.8% to close at 39,110.17 points. The performance was buoyed by strong...
African Export-Import Bank (Afreximbank) said it has successfully raised a $1billion facility for the Bank of Industry, Nigeria’s state-owned development bank. The Facility it said will...
There are indications that the Federal government of Nigeria have lost over N1.2 trillion in oil revenue following the alleged breach of the 2000/2001 fiscal incentive...