FG to Borrow Another $6.9 Billion The Federal Government will raise another $6.9 billion from three foreign financial institutions, according to the Minister of Finance, Budget...
Weak Economic Activities May Force Banks to Cut Lending Weak economic activities due to lockdown in key states could prevent banks from lending money to the...
COVID-19: Stanbic IBTC Waives Account Maintenance, Interbank Charges Stanbic IBTC Bank Plc has introduced a number of waivers to help ease the impact of COVID-19 on...
Nigerian Stock Market Depreciates by 3.5% Last Week The Nigerian Stock Exchange extended decline last week as lockdown and economic uncertainty weigh on market sentiment. The...
FCMB Group Grows PBT by 9% in 2019 FCMB Group Plc grew profit before tax by 9 percent to N20.1 billion in the financial year ended...
NSE Gains N11 Billion on Thursday The Nigerian Stock Exchange (NSE) gained 0.1 percent on Thursday despite the drop in trading activity due to lockdown. The...
Bank of Industry Posts N39.33bn Profit The Bank of Industry posted a profit before tax of 39.33 billion for the financial year ended December 31, 2019....
Nigeria’s Debt Rises to N27.4 Trillion Says DMO The Debt Management Office on Wednesday said the nation’s total public debt rose to N27.4 trillion as of...
Non-Performing Loans Rise to N1.05tn in 2019 – NBS The non-performing loans in the Nigerian banking sector rose to N1.05 trillion as of December 2019, according...
PoS Transactions: Customers Record 175,911 Failure Point of Sale transactions failed 175,911 times on Tuesday as customers abide by the restriction order of the Federal Government....
