First City Monument Bank [FCMB] sustained new strengths in operations in the second quarter despite the challenges of the Covid-19 economic lockdown. The bank kept all...
Activities on the trading floor of the Nigerian Stock Exchange (NSE) on Friday maintained a bullish posture on Friday with the market indicators appreciating further by...
Nigeria Railway Corporation (NRC) has said it generated N3.09 billion in 2019 from train service operations nationwide. Mr Fidet Okhiria, NRC’s Managing Director in a statement...
The World Bank has approved $114 million to help Nigeria tackle its coronavirus pandemic, the global lender said on Friday. The money comes in the form...
Union Bank has said that “The Next Robotics Legend” is an initiative designed by Edu360, Union Bank’s education platform, in collaboration with Awarri, a pan-African technology...
The Zambian subsidiary of Nigeria’s Access Bank has agreed to buy Cavmont Capital Holdings, the Zambian arm of Namibian financial services group Capricorn, for a nominal...
At the close of trade, the All-Share Index rose 19bps to close at 24,930.34 points due to buying interest in SEPLAT (+9.0%), STANBIC (+4.8%) and MTNN (+0.4%). As a result, investors...
Ecobank has said that cash withdrawals can be made at all its ATMs, without a card. The Ecobank cardless withdrawal concept, Xpress Cash, enables users to...
Lagos State Government said it has reverted the Land Use Charge (LUC) to the pre-2018 charges stating a reduction of 48 per cent. The Commissioner for...
The domestic equities market extended gains into the third consecutive trading session following price appreciation in STANBIC (+5.0%), GUARANTY (+1.9%) and ACCESS (+0.8%). As a result, the All-Share index rose 16bps...
The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for two transactions processed under its Intra-African Trade Initiative. Afreximbank was...
The European Investment Bank (EIB), the lending arm of the European Union, and the African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, are directing...
About 21 states in Nigeria attracted zero investments in the last 4 months according to data from the Central Bank of Nigeria. Data available in CBN, ...
Gains in bellwethers – ZENITH (+3.7%), GUARANTY (+1.3%) and NIGERIAN BREWERIES (+3.2%) – lifted the All-Share index 31bps higher to settle at 24,841.94 points. Thus, investors gained ₦39.6bn as...
FBN Holdings Plc said it has sold its life insurance company and invested the proceeds of N25 billion as equity into First Bank to boost its...