Federal regulators have ordered Bank of America to pay $100 million to customers for allegedly mistreating them with unfair fees, withholding credit-card rewards, and opening fake...
The domestic bourse succumbed to sell pressure as the All-Share Index shed 2.47% to close at 64,046.93 points, ending its five-day winning streak. Selloffs in index heavyweight,...
Today, the local equities extended gains for the fifth consecutive session as the All-Share index gained 1.65% to close at 65,669.29 points. Gains in DANGCEM (+9.27%), BUACEMENT (+6.59%), and...
The Sterling One Foundation and the African Venture Philanthropy Alliance have announced the upcoming ASIS 2023 Deal Room, which will take place on August 11, 2023,...
Nigerian equities opened the week strong today as the benchmark index gained 2.48% to close at 64,603.69 points, the highest point since 17 March 2008. The...
National Bureau of Statistic has said that Nigeria’s total capital inflow for the first quarter of 2023 dropped by 28% in the first quarter of 2023....
Some financial experts have urged the Federal Government to explore Public Private Partnership (PPP) option in addressing the country’s infrastructural challenges. They also urged government to...
Some of the majority shareholders of FBN Holdings Plc are said to be joining forces to fight off Oba Otudeko from reclaiming control of the bank...
Ending the week, the Lagos bourse maintained the bullish trend as the benchmark index closed 1.65% stronger to settle at 63,040.87 points. Sustained interests in MTNN (+0.36%),...
The Banker Magazine ranking of top 1000 world banks has said that “Nigeria banks had a mixed year in 2022; the country’s two largest, Zenith Bank...
Extending gains for the second consecutive session, the local equities closed higher as the benchmark index gained 0.81% to settle at 62,019.88 points. Industrial heavyweight, DANGCEM (+1.75%) as well as ZENITHBANK (+1.32%),...
The Federal Competition and Consumer Protection Commission (FCCPC) has barred PoS operators in Nigeria from implementing the recently announced increase in charges for PoS transactions. The...
Recovering from yesterday’s decline, the Lagos bourse posted gains as the benchmark index rose by 1.33% to close at 61,523.57 points. Renewed demand for index heavyweights,...
The Banker Magazine has said that Zenith Bank and Access Bank were severely impacted by their exposure to Ghanian Eurobond. According to the banker in its...
Today, the domestic bourse slipped as the benchmark index closed 1.99% weaker at 60,715.04 points. Gains in PRESCO (+1.69%), FCMB (+4.26%), and TRANSCOHOT (+9.83%) were offset by selloffs...