Opening the week, the local bourse rebounded by 0.95% – the highest single-day gain in the month – to settle at 53,157.83 points. Investor interest in telco...
(Reuters) – Nigeria’s government bonds fell heavily on Monday after ratings agency Moody’s downgraded the West African oil producer late on Friday to Caa1 from B3,...
Civil Society Legislative Advocacy Centre, CISLAC, has raised alarm over Nigeria’s debt crisis pushing Nigeria towards a fiscal cliff as the situation is now precarious. Speaking...
Ecobank has scored a major victory at the Supreme Court as it won in a N5.5 billion debt dispute against Honeywell and its sister firms, Anchorage...
Central Bank of Nigeria has extended the January 31, deadline by another 10 days for Nigerians to dispose of the old notes. The new deadline is...
United States Federal Reserve Board said it has issued a policy statement to promote a level playing field for all banks with a federal supervisor, regardless...
In the last trading session of the week, the domestic bourse reversed some of the week’s gains by 0.18% to close at 52,657.88 points. Selloffs in telco...
The European Central Bank (ECB) on Friday rejected calls from Europe’s banks to ease capital rules to boost lending and put them on an equal footing...
Domestic equities bounced back today from losses earlier in the week, as the benchmark All-Share Index increased by 0.29% to close at 52,752.96 points, the highest...
McKinsey one of the leading world most reputable consulting firm has predicted that Africa fintech companies will earn around $30.3 billion by 2025. African fintech companies...
Central Bank of Nigeria has begun a cash swap policy in Bayelsa State through agents to distribute the newly redesigned notes to rural communities. Accordingly, commercial banks...
Central Bank of Nigeria (CBN) says it has collaborated with the Nigerian Inter-Bank Settlement Systems (NIBSS) to launch the National Domestic Card Scheme, ‘AfriGo’, to transform...
Senate has turned down Buhari’s request for securitisation of N22.7 trillion borrowed from Central Bank of Nigeria as Ways and Means as the Executive failed to...
Today, activities on the local bourse ended mixed, albeit with a bearish tilt as the benchmark index lost 0.02% to close at 52,599.65 points. Bearish sentiment...
A Civil Society Organisation, CSO, Concerned Nigerians, CN, has thrown its weight behind the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, urging him not...