AMCON Struggling to Recover N5.5trn Bad Loans Asset Management Corporation of Nigeria (AMCON) is still struggling to recover N5.5 trillion or $15 billion bad loans acquired...
Nigerian Stock Exchange Rebounds Following Ministerial List The Nigerian Stock Exchange (NSE) rebounded slightly on Tuesday after President Muhammadu Buhari forwarded 43 ministerial nominees to the...
CBN Approves Three New Banks The Central bank of Nigeria has granted three new banks licences to commence operation in Nigeria. The three new banks are...
FBN General Insurance Settles N902m Claims FBN General Insurance Limited, a subsidiary of FBN Insurance Limited, said it paid the sum of N902 million claims in...
DMO Lists FG’s Second N100bn Sukuk on NSE The Debt Management Office on Tuesday listed the Federal Government of Nigeria’s second N100bn seven-year Sukuk on the...
Stock Investors Lose N53 Billion on Monday Nigerian Stock Exchange opened lower on Monday to sustain its bearish trend as investors continue to sell their holdings....
Nigeria’s Foreign Commercial Loans Surge 262.33% in Two Years Nigeria’s debt has risen substantially in the last two years, according to the data from the Debt...
Forex Intervention: CBN Injects $4.4b Into Fx Market in Two Months In a bid to sustain dollar liquidity and stimulate growth, the Central Bank of Nigeria...
PenCom Releases N107bn to 313,368 Disengaged Contributors The National Pension Commission has paid a total of N107.93bn to 313,468 contributors under the Contributory Pension Scheme that...
Nigerian, Japanese Firms Partner on Pharmaceutical Innovation Fidson Healthcare Plc has announced the execution of a strategic alliance with a Japanese healthcare company, Ohara Pharmaceutical Company...
