Power Distributors’ Revenue Collection Rises to N36bn Monthly The revenue collected by electricity distribution companies in the country from customers rose by 23 per cent this...
Development Bank Finances 35,000 MSMEs in One Year The Development Bank of Nigeria has signed on at least 35,000 Micro Small and Medium Enterprises in its...
Mobile Money: Banks Risk Losing Customer Base to Telcos As mobile telecommunication companies are gearing to support the financial inclusion drive of the Federal Government, Nigerian...
FGN Savings Bond Offers Retail Investors’ Attractive Returns The Federal Government of Nigeria Savings Bonds (FGNSB) are becoming attractive to retail investors going by the interest...
Fitch Upgrades UBA to ‘B+,’ Stable Outlook Fitch ratings has upgraded United Bank for Africa Plc Long Term Issuer Default Rating (IDR) to ‘B+’, with stable...
EFCC Charges Stockbrokers With Conversion of Dead Man’s Shares A stockbrokerage firm, CSL Stockbrokers, and three others, have been charged before the Federal High Court in...
Investors Snub Oil, Bank Stocks, Others Investors in the equities market have turned to insurance stocks as they snubbed those of oil, banks, consumer goods and...
Debt: FG Cuts Treasury Bills Issuance by N1.27tn As part of efforts to manage its debt profile, the Federal Government reduced the total Nigerian Treasury bills...
CBN Pumps $26.765bn into FX Market in 20 Months The Central Bank of Nigeria (CBN) has pumped $26.765 billion into the interbank segment of the foreign...
NSE: GTB, Nigerian Breweries Top Losers’ Table Guaranty Trust Bank and the Nigerian Breweries on Monday top the losers’ table at the Nigerian Stock Exchange (NSE),...