Trading at the Nigerian Stock market gained 33bps to settle at 32,154.03 points due to bargain hunting in bellwethers NIGERIAN BREWERIES (+1.3%), NESTLE (+3.6%), and UBA...
FirstBank Nigeria Limited has reiterated its commitment to the promotion and inculcation of sound business ethics in students of Nigerian universities as well as to continuously uphold...
African governments could get access to more Chinese debt if a plan by a leading Chinese banking conglomerate to buy African infrastructure debts from the government...
Ecobank Nigeria has introduced zero fees for all transfers done into Nigeria on its newly launched Rapidtransfer app. The bank’s Managing Director, Patrick Akinwuntan, who announced...
The domestic equities market shed 24bps in today’s session to settle at 32,048.18 points due to sell-offs in NIGERIAN BREWERIES (-2.8%), UNILEVER (-6.0%) and UBA (-5.1%). As a...
The federal government said it has spent N16 billion on Treasury Single Account (TSA) transaction costs in two years, an average of N8 billion a year...
Group Managing Director/CEO of Polaris Bank Limited, Tokunbo Abiru; Director -General, Budget Office of the Federation, Ben Akabueze; erstwhile Governor of Central Bank of Sierra Leone, ...
Swiss Re’s, a leading global reinsurance firm’s 2017 Review and 2018/19 Outlook Report said that global non- life premiums increased moderately, growing by 3.0 per cent...
In its first intervention in the inter-bank foreign market for the month, the Central Bank of Nigeria (CBN) on Friday, November 2, 2018, injected the...
The local bourse closed lower this week from the previous week positive performance as profit taking in market bellwethers dragged the equities market on 3 of...
Sell pressures persisted in the local bourse as losses extended into the third consecutive session. Losses in DANGCEM (-2.9%), NESTLE (-1.5%) and DANGSUGAR (-8.0%) pulled the...
(Reuters) – Investors pulled the most money out of emerging market stocks last month since the ‘taper tantrum’ panic of 2013 when the U.S. Federal Reserve...
The African Development Bank (AfDB) has completed a $500 million credit insurance to protect the bank against the non-payment of loans made to approximately 30 African...
The Debt Management Office (DMO), says it has commenced the accelerated implementation of settlement of government arrears through promissory notes to oil marketers. This will help...
The level of Non-Performing Loans (NPLs) in the Nigeria banking sector rose by 15.6 per cent in 2017, the News Agency of Nigeria (NAN) reports. Mr...