German Fund Acquires 39% Stake in Royal Exchange Insurance InsuResilience Investment Fund (IIF) has acquired 39.25 per cent stake in Royal Exchange General Insurance Company Limited...
NIRSAL’s Commodity Initiative Gets N70bn Boost from Ecobank The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending has signed a memorandum of understanding with Ecobank on N70bn...
NSE All-Share Index Dips 0.56% The Nigerian equities market on Wednesday sustained its bearish run with 0.56 per cent following losses in 26 stocks. The News...
SEC, NFIU to Tackle Fraud, Ponzi Schemes The Securities and Exchange Commission and the Nigerian Financial Intelligence Unit have signed a Memorandum of Understanding to collaborate...
Africa’s Emerging Agritech Market Worth Euro 5.3b Africa’s emerging Agritech market is now valued at Euro 5.3 billion according to a new report by the Technical...
With Rising Income Inequality, 100 Bank Customers Get 47% of Loan Nigerian banks have high credit concentration risk, with 47 per cent of total industry loans...
Nigerian Stock Investors to Pay 5% VAT Stock investors are expected to start paying Value Added Tax (VAT) of 5 percent on all transactions carried out...
Nigerian Stock Exchange Loses N68bn on Tuesday The Nigerian Stock Exchange (NSE) continues its bearish movement on Tuesday after losing N111 billion on Monday to take...
DBN Lends to All Sectors, Says MD The Managing Director, Development Bank of Nigeria, Tony Okpanachi, has said that the bank was established to provide funds...
Smallholders’ Farmers Get FG’s N120bn Loan A total of 720,000 small-holder farmers have received credit facility totalling N120.6bn through the Central Bank of Nigeria’s Anchor Borrowers’...