BUA Cement Manufacturer Reports N19.8 billion in Q1 2020 BUA Cement Plc, one of Nigeria’s leading cement companies, on Monday reported a 25.1 percent increase in...
CBN Debits N459.7bn from 26 Banks For Failing to Meet CRR Target The Central Bank of Nigeria has continued to enforce its 27.5 percent Cash Reserve...
AfDB Succumbs to Pressure, Orders Fresh Independent Probe of Adesina The African Development Bank has finally succumbed to U.S pressure to conduct a fresh independent probe...
Foreign Reserves increased by $3.1 billion in May Despite COVID-19 The Nigerian foreign reserves rose in the month of May despite the economic headwinds brought about...
Naira Depreciates Slightly Against the US Dollar on I&E Fx Window Despite improved oil prices and surged in the foreign reserves by over $3 billion in...
Account Maintenance Fees: Zenith Bank, GTBank, Others Generate N18.4bn in Q1 2020 Banks’ customers paid a combined N18.4 billion as account maintenance fees to the nation’s...
Sanlam Acquires First Bank-Owned Insurance Company South Africa’s largest insurance company, Sanlam, has acquired the remaining 65 percent stake in First Bank owned insurance company, FBN...
Stock Exchange Gains as President Buhari Eases Restrictions The Nigerian Stock Exchange closed in the green on Monday as president Muhammadu Buhari eased restrictions on domestic...
Naira Exchanges at N385.50 to US Dollar on I&E Fx Window The Naira exchanged at N385.50 to a US dollar at the Investors & Importers Forex...
Goldman Sachs Sees Weak Dollar As Economies Reopen Goldman Sachs, one of the world’s leading investment banks, has started taking short positions on the US dollar...
