Oil remained within sight of multi-month highs on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East energy flows, although prices pared gains after a...
Guaranty Trust Holding Company Plc has appointed Marie Namias as an independent non-executive director. The company, in a statement on Tuesday, said Namias, a French national,...
Ecobank Nigeria, a subsidiary of the leading pan-African financial services group Ecobank Group, has unveiled a significantly enhanced version of its multi-award-winning gender financing initiative, Ellevate...
Yields on Nigerian Eurobonds rose as African issuers confront significant selloffs from offshore investors seeking refuge amid escalating tensions in the Middle East. This selloff reflects...
President Bola Tinubu has nominated Mr Taiwo Oyedele as Minister of State for Finance, to replace Dr Doris Uzoka-Anite. Uzoka-Anite will now move to the Ministry...
Fitch in a non-rating commentary note has said that Nigerian deposit money banks with exposure to foreign loans are expected to settle $1.7 billion Eurobonds that...
The Nigeria Deposit Insurance Corporation (NDIC) says the corporation is managing assets of almost 600 failed banks and working to ensure that depositors are paid their...
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, said that 20 banks have fully met the banking sector recapitalisation programme while 13 others...
Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 27 per cent to 26.5 per cent...
The Central Bank of Nigeria (CBN) slowed naira appreciation at the official window and mopped up about $190 million from the local currency market last week....
Ecobank Nigeria said that it has successful repay the outstanding principal and accrued interest on its original $300 million Eurobond due 16 February 2026, marking a significant...
The global crypto market capitalisation inched lower to $2.32 trillion on Wednesday, primarily driven by Bitcoin (BTC) and Ethereum (ETH) selling pressure from institutional outflows. Transactions...
National Bureau of Statistics (NBS) has said that the latest capital importation report for third quarter of 2025 indicates a marked improvement in foreign capital inflows...
Nigeria Deposit Insurance Corporation (NDIC) has fully insured deposits of about 99 per cent of depositors in Nigerian banks. It has also raised the deposit insurance...
The Minister of Foreign Affairs, Yusuf Tuggar, said that Nigeria has been granted a permanent seat on the Board of the African Central Bank, and also...