Stock Market Gains N73.24bn on Wednesday Investors at the Nigerian Stock Exchange gained N73.24 billion on Wednesday as positive sentiment remains moderate. The market capitalisation of...
Dollar Sales: Central Bank Resumes Sale to Small Businesses, Others The Central Bank of Nigeria has resumed sales of dollars to deposit money banks for onward...
FG Directs Banks to Open to Public on Monday The Federal Government on Wednesday directed all Deposit Money Banks in Lagos, Ogun and Abuja to commence...
Nigeria Can Now Access $3.4bn Contribution With IMF The International Monetary Fund has approved Nigeria’s request to access its entire $3.4 billion contribution with the Fund....
Bank of Industry Reduces Interest Rates to 8% In an effort to ease the economic impact of COVID-19 on businesses, the Bank of Industry has joined...
Moody’s Downgrades Outlook on Nigerian Banking Sector to Negative Moody’s Investors Service, one of the world’s leading credit ratings, has downgraded its outlook on Nigeria’s banking...
Access Bank Profit Drops to N40.92bn in Q1 2020 Access Bank Plc grew profit after tax to N40.92 billion in the first quarter of 2020. This...
Stock Market Fails to Sustain Bullish Run Last Week The Nigerian Stock Exchange closed lower last week as market uncertainty remains due to the rising number...
Polaris Bank Announces Profit of N27.8bn for 2019 Polaris Bank Limited grew profit before tax to N27.8 billion in the financial year ended December 31, 2020....
UBA Grows Profit by 8.5% in Q1 2020 United Bank for Africa (UBA) Plc grew profit before tax by 8.5 percent year-on-year to N32.7 billion, up...
