The bears remained unrelenting as sell-offs in MTNN (-4.0%), GUARANTY (-2.9%) and ACCESS (-2.0%) drove the All-Share Index southwards by 0.9% to 29,110.90 points. As a result, YTD return...
In a move to transform the lives of its customers, United Bank for Africa (UBA) has launched a hybrid account tagged ‘UBA Bumper Account’. The bank,...
Afreximbank President Prof. Benedict Oramah (left) passes signed document to Bank Treasurer Chandi Mwenebungu as Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC, signs during...
The U.S. federal government debt is set to skyrocket over the next ten years, according to a Congressional Budget Office forecast published Tuesday. The debt held...
The local bourse sustained yesterday’s loss as the All-Share Index declined 59bps to 29,378.63 points due to price depreciation in GUARANTY (-3.4%), STANBIC (-2.4%) and ZENITH (-1.4%). Consequently,...
Ruth Eshio Central Bank of Nigeria’s monetary policy committee has said that banks created N2 trillion new loans in the last six months. The apex bank...
Union Bank of Nigeria Plc has entered a share sale and purchase agreement to divest its 100% equity stake in Union Bank UK Plc. (UBUK). The...
The equities market resumed trading in the red as losses in ZENITH (-2.3%), FBNH (-4.1%) and UNILEVER (-10.0%) drove the All-Share Index 0.3% lower to 29,552.99 points....
The Registrar and Chief Executive Officer, Chartered Institute of Bankers of Nigeria (CIBN), ‘Seye Awojobi has commended Ecobank Nigeria’s various initiatives targeted at building the capacity...
Nigerian Stock Exchange said that Foreign investors traded a total of N942.55 billion worth of shares last year, with more than half of the transactions to...
By Ruth Eshio Central Bank of Nigeria Monetary policy committee has held its benchmark interest rate at 13.5 per cent, its governor Godwin Emefiele said on...
By Peace Gabriel Following extensive consultation with the global community, the World Economic Forum announced today the Global Consortium for Digital Currency Governance. Digital currencies are...
CBN redeploys Yila from NIRSAL, other directors Central Bank of Nigeria said it has redeployed some of its directors. Those redeployed are Mr. Yusuf Philip Yila,...
By Omoh Gabriel The World Economic forum has said that Central Banks around the world are waking up to digital currency and are creating framework for...
The African Export-Import Bank (Afreximbank or the Bank) announces that existing shareholders, including the Federal Republic of Nigeria and the Arab Bank for Economic Development in...