Nigerian Stock Exchange (NSE) on Friday admitted Interswitch Limited’s N23billion Bond. The Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate...
The outbreak of “Coronavirus” in Wuhan, China and the aggressive pace of infections, with reported cases in over 15 countries, unsettled global markets this week. Market...
The African Development Bank (AfDB) has appealed to International Monetary Fund (IMF) and World Bank to work out a financial support system for Nigeria and other...
The Senate has confirmed the appointment of Dr. Kingsley Obiora as a Deputy Governor of the Central Bank of Nigeria (CBN), following the adoption of the...
The domestic equities market closed trade on a negative note as UACN (-10.0%), UNIONDAC (-9.1%) and TRANSCORP (-8.8%) dragged the All-Share Index down 0.3% to 29,030.93 points....
Fidelity Bank Plc has brought succor to physically challenged Chemical Engineering graduate, Mr. Micheal Sowunmi who is fondly referred to as “the world’s greatest teacher” on...
The Senate Committee on Banking, Insurance and Other Financial Institutions has screened Dr. Kingsley Obiora for the position of Deputy Governor of the Central Bank of...
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....