Today, the bearish sentiment persisted in the local bourse as sell pressures in bellwethers – GUARANTY (-2.7%), DANGCEM (-0.4%), STANBIC (-2.6%) and ZENITH (-1.6%) – led...
A global network of NGOs has signed a ‘game-changing’ insurance policy, intended to pay out if a drought hits Senegal, enabling aid agencies to offer live-saving...
MTN Nigeria has denied involvement in any illicit financial transactions as reported by the Central Bank of Nigeria. Reacting to CBN letter to MTN to refund...
…Standard Chartered – N2.4 bn …Stanbic IBTC – N1.8 bn …Citibank – N1.2 bn …Diamond Bank – N0.25 bn …writes MTN to...
African Development Bank (AfDB) and the Food $100m to and Agricultural Organisation (FAO) have agreed to commit $100 million to fight hunger in Africa. The joint...
As expected, it was a bull’s market today as the local bourse closed positive. The All Share Index (ASI) rose 53bps to 35,516.21 points, YTD loss...
The Central Bank of Nigeria (CBN), has injected another sum of $210 million into the inter-bank Foreign Exchange Market, in its desire to ensure that forex...
The equities market shed gains from the prior week as the All Share Index (ASI) declined 32bps to 35,311.36 points. As a result, YTD loss worsened...
Ecobank Nigeria has adopted popular child artist Kareem Waris. The bank signed an agreement with Waris’ parents for educational support/grant and upkeep allowance spanning 20 years....
In another major round of interventions, the Central Bank of Nigeria (CBN) on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of...
Federal Reserve Chairman Jerome Powell has said that the United States of America central bank’s gradual path of interest-rate hikes remains appropriate as there does not...
e4, technology company, is one of the top 11 finalists in the Ecobank Fintech Challenge for its new Virtual Identity product, a competition designed to further...
The Central Bank of Nigeria (CBN) has disclosed its desire to increase the flow of credit to the real sector of the economy, in order to...
Nigeria’s private sector has suffered insufficient funding following a decline in total loans granted by Nigerian banks to the sector. Lending declined by N600.60bn, from N16...
Wealth Managers are now seeking artificial intelligence tools to Make sense of vast amounts of new and alternative data according to new report by Thomson...