Following the 2-day public holiday, the stock market resumed with a positive momentum as the All-Share Index advanced 7bps to close at 25,221.23 points, driven by gains in STANBIC (+10.0%), GUARANTY (+4.6%)...
President Africa Development Bank, Akinwumi Adesina has said that the allegation against him are trumped up seeking to unjustly taints his image and integrity as well...
As part of its continued effort to mitigate the impact of the corona virus (COVID-19) on households, businesses and regulated institutions, the Central Bank of Nigeria...
The Financial Reporting Council (FRC) has launched its investigation into two Big Four audits of logistics and transport company Eddie Stobart. The investigation includes KPMG’s audit...
World Economic Forum has reported that in a matter of weeks, the pandemic forced the global economy and society, organisations and individuals to become more reliant...
Nigeria’s external reserves has been boosted as it went up to $35.77 billion. Despite the volatility in the foreign exchange market due to decline in crude oil export earnings,...
A total of $5.85 billion capital importation (inflows) came into Nigeria between January and March 2020, compared to $8.51 billion in first quarter of 2019. This...
United States of America has rejected AfDB’s exoneration of Akinwumi Adesina, the bank’s president calling for an independent probe of allegation levelled against him of nepotism,...
The African Risk Capacity Limited (ARC Ltd) has appointed two new Non-Executive Directors (NEDs), Mr Jurgen Meisch and Mr. Phillip Pettersen, to join its Board of...
Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the Innovators 2020,...
The World Bank expects to make a decision in late July on a $1.5 billion loan to support Nigeria as it fights the novel coronavirus, the...
The World Bank Group has said that its emergency operations to fight COVID-19, coronavirus, have reached 100 developing countries – home to 70 per cent of...
The Honourable Minister of Finance, Budget and National Planning Mrs Zainab Ahmed has said that the net oil and gas revenue inflows to the federation account...
The bullish momentum in the local bourse continued today as the All-Share Index rose 125bps to close at 24,758.39 points following price accretion in BUACEMENT (+9.9%), ZENITH (+3.0%) and...
(Reuters) – The World Bank has approved a $1 billion loan for Kenya to help it close a gaping budget deficit and tackle the economic shocks...