NMTN Group Ltd.’s battles with Nigerian authorities over $10 billion in repatriated funds and back taxes could increase risk in South Africa’s financial system, the Reserve...
Zenith International Bank dominated the activity chart on the nation’s bourse, accounting for 64.04 per cent of the total volume of shares traded. The News Agency...
The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the public offering of Skyway Aviation Handling Company...
Today, investors profit taking in market bellwethers – WAPCO (-9.7%) GUARANTY (-0.7%) and DANGSUGAR (-3.4%) pulled the benchmark index down 0.1 per cent to 32,108.30 points as market capitalisation...
Russia is intensifying efforts to wean its economy off the US dollar as Washington considers tough new sanctions that could deny it access to foreign debt...
The SWIFT banking network, the backbone for international monetary transfers, said Monday it has suspended several Iranian banks from its service, after the United States reimposed...
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said Nigeria tops other African countries in remittances inflows and is among the top five globally. He...
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...