Britain’s export finance agency will add the Naira to its list of “pre-approved currencies” for financing transactions. This will enable the agency to provide financing for...
Opening the week, the local bourse rebounded by 0.60% to settle at 62,943.35 points. Investor interest in ZENITHBANK (+4.46%), GEREGU (+6.06%) and GTCO (+0.89%) were the primary...
Another High Court in Abuja has nullified the arrest, detention and interrogation of the Suspended Central Bank Governor (CBN), Godwin Emefiele, by the Department of State...
The Central Bank of Nigeria has revised itself and set new tenure limit for executive directors (ED). Deputy managing directors (DMD), and managing directors (MDs) of...
Customers of Guarantee Trust Bank have been locked out of their app for more than 24 hours after the lender upgraded its mobile banking app. GTB...
The Money Lenders Association (MLA) in Nigeria, has extolled efforts by Federal Government to sanitise the digital lending space via its move to delist any loan...
In the last trading session of the week, the domestic bourse succumbed to sell pressure as the All-Share Index declined by 0.29% to close at 62,569.73 points....
Access Bank Plc (Access) and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its...
President Bola Tinubu is seeking additional loan of $800 million from the World Bank for the National Social Safety Net Programme after paying off $500million Eurobond facility....
The bears continued to dominate the local equities market as the NGX All-Share Index succumbed to a second successive loss, falling by 2.03% to 62,748.94 points. Specifically,...
The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to pay the Naira equivalent of dollars received through Diaspora remittances to local...
Central Bank of Nigeria has said that Nigeria got a total of $952 million as direct remittances from Nigerians abroad between January and June this year. The...
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...