AfDB Bows to Pressure, Orders New Probe of Adesina Following the refusal of the United States to accept the just concluded investigation into the activities of...
Naira Appreciates as CBN Resumes Dollar Sales to BDCs The Nigerian Naira appreciated by N2 on the parallel market on Wednesday after the Central Bank of...
COVID-19: IMF Encourages Banks to Suspend Dividend Payments to Mitigate Risks The Managing Director, International Monetary Fund, Kristalina Georgieva, has advised commercial banks to suspend dividend...
MTN Nigeria to Raise N50bn Through Commercial Paper Issuance MTN Nigeria Communication on Friday announced it would be raising N50 billion through Series I and II...
Dangote Cement Reports N144.86bn Gross Profit in Q1 2020 Despite global uncertainties and economic headwinds, Dangote Cement, one of the largest cement manufacturers in Africa, grew...
TAJBank Announces Issuance of N150 Billion Naira FGN Sukuk TAJBank, Nigeria’s most innovative Non–Interest financial institution has announced a 150 million naira Sukuk Bond as appointed...
US Calls for Independent Probe into Activities of Akinwumi Adesina at AfDB The United States Department of Treasury on Friday rejected the findings that exonerated the...
Nigerian Stock Investors Gained N695 Billion Last Week Improved market sentiment boosted the Nigerian Stock Exchange last week as investors gained N695 billion. The market capitalisation...
CBN Counterproductive Policy Hurting Nigerian Banks Analysts have called the Central Bank of Nigeria’s policy of 27.5 percent cash reserve ratio and 65 percent loan-to-deposit ratio...
Naira Trades Flat Ahead of Eid Fitr Celebration The Nigerian Naira traded flat against the United States Dollar at the Investors & Exporters FX Window on...
