Central Bank of Nigeria CBN said it will grant more licences for payment service banks but set a minimum capital base of N5billion, which could deter...
The equities market opened the week positive as the All-Share Index expanded 7bps due to price appreciation in DANGCEM (+0.5%), GUINNESS (+1.3%) and WAPCO (+3.5%), to close at 25,327.13...
Access Bank PLC and its Group Managing Director, Herbert Wigwe, were recognised as winners of the ‘Agriculture Deal of the Year’ and ‘African Banker of the...
The uptrend in the local bourse persisted last week as sustained buying interest in BUACEMENT, STANBIC and GUARANTY supported overall performance. Consequently, the NSE All-Share Index...
Lagos Chamber of Commerce and Industry has said that the disposition of Central Bank of Nigeria to suppress market forces in Nigeria foreign exchange arena is...
The Federal Government is set to inject over N600 billion as stimulus response into the agriculture sector. The Minister of Agriculture and Rural Development, Sabo Nanono,...
The total value of capital importation into Nigeria stood at $1,294.94m in the second quarter of 2020 the National Bureau of Statistics has reported. This figure...
Central Bank of Nigeria CBN is to resume foreign exchange sales to Bureau De Change operators by the end of the month, just as plans are...
Senate has directed the Accountant General of the federation to investigate payments amounting to $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied Natural Gas...
The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, was today announced winner of the Debt Deal of the Year Award at the 14th...
The African Risk Capacity Limited (ARC Ltd) Governance Committee has appointed two new Non-Executive Directors (NEDs), Ms. Sarata Kone-Thiam and Ms. Lade’ A. Araba, to join its...
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu has called for a concerted effort towards diversifying the country’s export base through the promotion...
At the close of trade, the equities market posted a negative performance as profit-taking in DANGCEM (-0.6%), ACCESS (-2.3%) and ZENITH (-0.6%) pulled the benchmark index down...
Dr Akinwumi Adesina, the President of African Development Bank (AfDB) has been re-elected to serve for a second of five years. The election conducted electronically on...
The African Export-Import Bank (Afreximbank), has approved a $400-million revolving global credit facility agreement for the Export Trading Group (ETG), one of the largest and fastest-growing...