Central Bank of Nigeria Monetary Policy Committee has said that Nigerian Banks grew their total loans to the Nigerian economy by N3.3 trillion in June 2020....
The Nigeria Shippers Council(NSC) is collaborating with the National Insurance Commission (NAICOM) on reducinh the cost of doing business at the ports through introduction of insurance...
Following its first announcement in October 2019, Nigeria’s largest bank, Access Bank PLC has announced the successful completion of the acquisition of Transnational Bank PLC, of...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained Monetary Policy Rate (MPR) at 12.5 per cent and held all other...
Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief...
Central Bank of Nigeria (CBN), says it has so far funded 20 projects valued at N26.278 billion under the N100 billion credit support intervention for the...
The equities market opened the week bearish as the All-Share Index lost 7bps due to sell-offs in ZENITH (-0.6%), ACCESS (-1.0%) and OANDO (-0.4%), to close...
The Nigerian Bottling Company Limited (NBC) has reiterated its commitment to product quality and integrity, pledging that this would remain the gold standard of its operations....
African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s, on 14 July affirmed the Bank’s long-term credit...
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund IMF, said at the conclusion of the virtual meeting of the Group of 20 (G20) Finance...
Banks operating in the country have decided to reduce the amount customers can spend abroad using debit cards. Some of the banks said that banks took...
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has said the Agency would get tough with untrained and uncertified boat skippers,...
The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and relevant agencies for the...
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, National Bureau of Statistics said in its report...
The bearish sentiment in the local bourse persisted as the All-Share Index declined on 3 of 5 trading days – Monday (-44bps), Tuesday (-34bps) and Friday (-17bps) – with...