NIBBS Names Paga Top Mobile Money Operator Paga said it had emerged the top mobile money operator, and was recognised by the Nigeria Inter-Bank Settlement Systems...
Naira Comes Under Pressure, Reserves Drop to $47.75bn The naira has come under pressure against the United States’ dollar in recent days, falling to 366 to...
Pension Manager Invests N350b in Equity Market Stanbic IBTC Pension Managers Ltd. (SIPML) says the company’s Assets Under Management (AUM) presently stands at N2.53 trillion with...
CBN Report Outlines Banks’ Deposit, Lending Rates The Central Bank of Nigeria (CBN) has made public, the deposit and lending rates obtainable in commercial and merchant...
New Entry Opportunities Beckon as Bears Depress Stock Prices As the bears continue to ravage the stock market, depressing prices of many stocks at the nation’s...
FSDA Backs Diamond Bank’s Financial Inclusion Project The Financial Sector Development for Africa has reiterated its commitment to provide more support for Diamond Bank Plc on...
FCMB, 32 Others Drag Stock Market Lower The stock market extended its decline on Monday as 33 companies led by FCMB Group Plc recorded losses at...
Emefiele Warns Banks Against Selling Dollar Above N360 The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Monday warned banks against selling dollars...
CBN Funds 704,928 Electricity Meters, 500 Transformers The Central Bank of Nigeria has provided funds to power distribution companies for the purchase of 704,928 meters and...
Afreximbank Announces $2bn Trade Financing Support to Angola The African Export-Import Bank is arranging up to $2 billion trade financing support to Angola, the bank President,...