Firms, Individuals Owe Banks N15.480 Trillion The high debts in the banking sector are not just owed by businesses but also individuals, according to the recent...
Weak Sentiment Weighs on FG’s Bonds The uncertainty surrounding the Nigerian economic outlook has started hurting Nigerian assets as investors shunned Federal Government’s bonds for August....
GTBank on Track to Meet CBN’s 60% LDR Directive -Agbaje Guaranty Trust Bank (GTB), Nigeria’s tier-I bank, has said it is on track to meet the...
Nigerian Banks, Others to Earn $1.19bn Remittance fee in 2019 A global consulting firm, PricewaterhouseCoopers (PwC) has predicted that Nigerian banks, mobile money operators and other...
Stock Rebounds to Two-Month High on Wednesday The Nigerian stock market rebounded on Wednesday to its highest daily gain in over two months. The All-share Index...
Risks to Nigeria Assets Surge to Record High Numbers of recent events have bolstered Nigeria’s risk premium as investors are demanding a higher yield to hold...
NSE Loses N27.91bn as Bearish Trend Persists The Nigerian Stock Exchange (NSE) resumed bearish trend on Tuesday following a slight gain on Monday. The NSE All-Share...
MTN Nigeria Topples Dangote Cement; Emerges Most Valued Company MTN Nigeria has emerged the largest listed company on the Nigerian Stock Exchange just three months after...
GTBank to Pay N8.8bn Dividend to Shareholders Guaranty Trust Bank Plc, one of Nigeria’s leading banks, has proposed to pay shareholders an interim dividend of 30...
CBN to Add More Items to FX Restriction List The Central Bank of Nigeria (CBN) has said more items would be added to the list of...
