Indications are that the Naira will strengthen more after the Central Bank of Nigeria Monetary Policy in a surprise twist cut its benchmark monetary policy rate....
Sell pressures in the Banking stocks – GUARANTY (-3.7%), STANBIC (-5.2%) and FBNH (-2.4%) – dragged the benchmark index 67bps lower to settle at 30,829.45 points...
African Development Bank (AfDB) and the Tony Elumelu Foundation have signed a Letter of Intent to accelerate youth entrepreneurship across Africa. The Senior Communications Officer of...
Two Nigerian companies have won awards at the ongoing Africa CEO forum in Kigali. They are Access Bank and Kobo 360. According to the Forum Nigeria’s...
Zenith Bank’s financial result for the year ended December 31, 2018 has reaffirmed its market leadership as Nigeria’s most profitable financial institution. The bank’s profit before...
European authorities on Wednesday fined Google 1.5 billion euros for antitrust violations in the online advertising market, continuing its efforts to rein in the world’s biggest...
The Federal Government of Nigeria will auction by subscription N100 billion worth of bonds on March 27, 2019. The Debt Management Office (DMO) in a circular...
Access Bank and Diamond Bank says the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have given them the final approval to...
The Governor, Central Bank of Nigeria (CBN) Mr Godwin Emefiele on Monday said that over five hundred million dollars was being spent annually on importation of...
The African Export-Import Bank (Afreximbank) says ‘factoring’, a form of financial transaction, is a viable and sustainable solution that will address access to finance for Africa’s Small and...
The Governor, Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has lauded the contributions of women at the Bank, saying closing gender gap is part of...
Nigeria potentially faces the largest financial liability in its history, and a hedge fund is coming to collect. The legal and political drama involves a deal...
Officials of the Central Bank of Nigeria (CBN) and their counterparts in the Economic and Financial Crimes Commission (EFCC) met on Thursday, March 7, 2019, with the aim of strengthening...
The Nigerian Stock Exchange (NSE) extended loses for the second consecutive day with crucial market indices dropping further amid profit taking. Losses in the market continued ...
The Central Bank of Nigeria CBN’s new initiative of driving financial inclusion through micro finance bank has taken off. The initiative which is in collaboration with...