Managing Director/Chief Executive Officer Zenith Bank Plc Mr. Ebenezer Onyeagwu told Bloomberg Media that the bank is prioritising lending to the agricultural industry and other raw...
Insurers’ recapitalisation deadline which was due on December 30th 2020 has been moved to September 2021. This fact is contained in a circular, titled, ‘Segmentation of...
Board of Directors of the African Development Bank (AfDB) has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the...
Nigeria’s external reserves now stand at $36.57 billion, having increased sharply from $33.42 billion as of April 29, 2020. This development has given the Central Bank of Nigeria...
Sterling Bank Plc has offered a safe option for investments in its Doubble.Ng product to discerning investors seeking double-digit investment income and safety in this period...
The Nigerian equities market erased yesterday’s gains as the All-Share Index declined 38bps to close at 25,312.05 points due to profit-taking in MTNN (-1.7%), GUARANTY (-2.0%) and ZENITH (-1.8%). Consequently, investors lost ₦50.1bn...
Momentum remains strong in the equities market as the All-Share Index advanced 10bps to close at 25,407.96 points, driven by gains in MTNN (+1.3%), ETI (+7.8%) and FBNH (+0.9%). Consequently, investors gained...
Afreximbank is teaming up with ITC to train small-business owners and young entrepreneurs in Africa to trade with other African countries as part of the new...
The local bourse sustained gains as the All-Share Index rose 27bps to close at 25,383.43 points following price appreciation in DANGCEM (+1.4%), GUARANTY (+2.2%) and MTNN (+0.4%). Consequently, investors gained ₦47.9bn as market capitalisation settled at ₦13.2tn while...
South Africa’s largest insurer Sanlam said it bought out the remaining 65 per cent stake in Nigerian insurance business FBN Insurance it did not already own...
World Bank Group has said that securing core public services, getting money directly to people and maintaining the private sector will limit the harm of COVID-19...
UACN Property Development Company Plc has listed N16 billion rights issue of 15.96 billion ordinary shares at N1 per share on the NSE. UACN Property Development...
The Senate has approved President Muhammadu Buhari’s request for $5.51 billion in external borrowing from international capital market. The borrowing is part of a revised budget...
President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the AfDB. President Muhammadu Buhari...
The stock market resumed the week positive as the All-Share Index rose 21bps to close at 25,316.15 points following buying interest in GUARANTY (+2.3%), DANGSUGAR (+9.7%) and BUACEMENT (+0.7%). As a result, investors gained ₦25.2bn as market...