International Monetary Fund IMF, has said that bail out of failing banks with public funds should be the last resort. It said it is advocating a...
In its desire to ensure liquidity in the foreign exchange market to meet customers’ requests in various segments of the market, the Central Bank of Nigeria...
South Africa Banks have dwarfed Nigerian banks in the 2018 Top 1000 World Banks ranking in which the tier 1 capital of Standard Bank Group is...
The Banker in its top 1000 world banks 2018 has said that Africa’s banks delivered the highest returns with a 26 per cent return on capital....
Assets Management Company of Nigeria (AMCON) has said that there would be no more room for negotiation with debtors as the company was now set for...
Investors at the Nigerian Stock Exchange gained N150.7 billion as the All Share Index rose by 1.1 per cent. This halted the bearish sentiment in the...
Customers in the retail segment of the Nigerian inter-bank foreign exchange market received a $318.73m boost from the Central Bank of Nigeria (CBN) on Friday, June...
Britain and Nigeria are exploring ways to list Naira-denominated bonds on the London Stock Exchange to help fund infrastructure projects in the West African country, the...
Wema Bank Plc. said that its Managing Director/Chief Executive Officer, Segun Oloketuyi is retiring from the bank following almost a decade at the helm of the...
The negative performance of the local bourse was sustained in today’s session as the NSE All Share Index (ASI) fell 10bps to 37,963.93 points while YTD loss remained...
Federal Government of Nigeria is again planning to raise another $2.8 billion offshore loans as part of its 2018 budget and will explore all options to...
ECOWAS is set to enhance sustainable electricity access through solar in 19 countries in West Africa and the Sahel region to promote development in the region....
The International monetary Fund has warned that weaknesses in some financial institutions in Ghana including high levels of nonperforming loans can adversely impact financial stability, hamper...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N289.04 billion to the Federal Government in May, the National Bureau of Statistics (NBS) has said....
Today, the local bourse reversed gains from yesterday’s positive performance as losses in market bellwethers – INTBREW (-6.1%) and ZENITH (-1.7%) – pulled the All Share Index (ASI)...