The former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been abandoned by friends and associate as he failed to meet the prescribed...
Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the French Government to establish a subsidiary of Zenith Bank Plc in France. The MoU,...
Italy’s UniCredit is no longer among the world’s globally systemically important banks. These banks, known colloquially as the too-big-to-fail banks, are required to hold more capital...
The Edo State Governor, Mr. Godwin Obaseki, has said the State’s Internally Generated Revenue (IGR) will grow in excess of N70 billion by 2024. The governor,...
Opening the week, Nigerian equities extended gains from last week as the benchmark index closed 0.17% stronger to settle at 71,353.81 points. Sustained buy interests in ZENITHBANK...
Closing the week, the Lagos bourse ended the session on a positive note, bringing the All-Share index up by 0.25% to close at 71,230.48 points. Interests in...
The domestic bourse recovered as the All-Share Index gained 0.07% to close at 71,052.85 points. On market movers, demand in ZENITHBANK (+0.30%), GTCO (+1.96%) and OANDO (+2.13%) were...
Senate has passed the federal government’s medium-term expenditure framework for 2024-2026 thus setting out the government’s fiscal plan for the next three years. Lawmakers in the...
Today, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) slipped by 0.09% to settle at 71,003.98 points. The market’s weak performance was primarily...
Recovering from the previous session’s loss, the Lagos bourse posted gains as the benchmark index rose by 0.08% to close at 71,066.55 points. Gains in Tier-1...
The African Development Bank (AfDB) could launch its debut hybrid capital note, sized between $500 million and $1 billion, before the end of the month if...
The African Export-Import Bank (Afreximbank) has been recognised with a much-coveted “Sustainable Deal of the Year” award for its pioneering work in the establishment and development...
The ECOWAS Bank for Investment and Development (EBID) has signed an agreement with WEMA Bank Plc, Nigeria providing a $50 million line of credit to support...
The Third Edition of the Zenith Tech Fair, tagged “Future Forward 3.0”, is set to be held on Wednesday, November 22 and Thursday, November 23, 2023,...
Opening the week, the NGX All-Share Index relapsed by 0.15% to close at 71,008.70 points. Selloffs in Tier-1 banking names ZENITHBANK (-0.75%), STANBIC (-7.08%) and UBA...