The domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.43% to close at 103,736.08 points. Bearish sentiment in MTNN (-1.29%),...
The current exchange rate for customs import duties and cargo clearance payment is higher than the official foreign exchange market rate of the Naira and the...
One of the two executives from Binance, the world’s largest cryptocurrency exchange, detained in Nigeria appeared in an Abuja court on Thursday to face tax evasion...
The negative sentiment continued in the local market as the All-share index dipped by 0.32% to settle at 104,181.32 points. Selloffs of GTCO (-1.23%), ZENITHBANK (-1.23%) and FBNH (-5.02%) outweighed gains...
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time...
Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) welcomes the release of the much-anticipated circular of the Central Bank of Nigeria (CBN) on the...
Centre for the Promotion of Private Enterprise has said that the Central Bank of Nigeria new prescribe minimum capital for banks when adjusted for inflation has...
India’s foreign exchange reserves rose for a fifth straight week to hit a record high of $642.63 billion as of March 22, data from the central...
Access Holdings Plc, one of Africa’s leading financial groups, has unveiled plans to establish a Capital Raising Programme of up to US$1,500,000,000.00 (One Billion, Five Hundred...
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’...
Central Bank of Nigeria has set a new minimum capital requirements for Nigeria banks. According to CBN the new minimum capital base for commercial banks with...
Nigeria equity market nudged higher as the benchmark index rose by 0.27% to close at 104,562.06 points. Renewed interest in MTNN (+0.91%), alongside sustained interest in tier 1 banking tickers GTCO (+0.96%),...
The World Bank Group today published sought-after proprietary statistics that reveal the credit risk profile of private and public sector investments in emerging markets. Making this...
Access Holdings Plc (“The Group”) has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In the year under review,...
The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282.00 million. Initiated for the exclusive participation of Indian lenders,...