CBN Pumps $306 Million into Forex Market Players in the retail segment of the Nigerian interbank foreign exchange (forex) market received a $306.3 million boost from...
N13.5bn of Shares Traded Last Week – NSE A total turnover of 1.555 billion shares worth N13.504bn in 18,409 deals were traded last week by investors...
Afrinvest to Launch 2017 Nigerian Banking Sector Report Afrinvest (West Africa) Limited is set to present the 2017 edition of its Annual Nigerian Banking Sector Report...
Emefiele: CBN Will Not Rest Until Nigeria Achieves Sustainable Growth Central Bank of Nigeria Governor, Mr. Godwin Emefiele has assured Nigerians that the central bank will...
Emefiele Wins Forbes Banking Excellence Award The Forbes Magazine has conferred the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, with the 2017 Forbes...
Shareholders of PZ Cussons Approve N1.98bn Dividend Shareholders of PZ Cussons thursday approved the sum of N1.98 billion as dividend for the 2017 financial year, which...
Fidelity Bank Sells $400m Bonds With 10.75% Yield Fidelity Bank Plc sold the highest-yielding Eurobond from emerging markets this year, joining a rush for issuance before...
Stakeholders Unveil New Funding Initiative for Mortgage Banks Stakeholders in the housing finance industry have inaugurated the Mortgage Warehouse Funding Limited, a special purpose company set...
Interbank Lending Rate Drops to 20% Amid Cash Squeeze The nation’s overnight lending rate dropped to 20 per cent on Thursday on expectation that a cash...
FG Restructures Bank of Agriculture The Federal Government on Thursday announced the commencement of the restructuring of the Bank of Agriculture in order to ease credit...