CBN Blocks Smugglers’ Accounts in Textile, Rice, Palm Oil Industries The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the bank has blocked the accounts...
Stock Market Loses 2.05% Last Week The Nigerian Stock Exchange closed lower last week amid low business activities. The All-Share Index posted 2.5 percent loss week-on-week...
Investors Oversubscribe for Ecobank’s $50m Eurobond Ecobank Transnational Incorporated, ETI, has successfully raised $50 million in Eurobonds from international capital markets. The parent company of the...
SEC Invades Oando With Armed Policemen Armed security personnel, acting on the directive of the Securities and Exchange Commission (SEC) on Thursday allegedly invaded Oando’s head...
Union Bank of Nigeria Shareholders Meet to Restructure Balance Sheet Shareholders of Union Bank of Nigeria Plc will meet next Tuesday to restructure the bank’s balance...
Why CBN May Not Raise Rates in 2019 The uncertainty surrounding global growth is forcing central banks to make monetary adjustments in order to stimulate and...
FTSE 100 Gains as Fed Hints at Rate Cut London’s main index inched higher on Wednesday as comments from the United States’ central bank, seen hinting...
It’s Hard to Think About Big Mergers –LSE CEO Big cross-border mergers in stock exchanges look “hard” given political opposition to opening up bourses to foreign...
Banks’ Contract Staff Hit 46,235 in Q1 2019 The number of contract staff in the Nigerian banking sector rose in the first quarter, according to the...
Banks Up Credit Facility to Private Sector in February – CBN Nigerian banks improved credit facility to the private sector in the early part of the...