CBN Pledges to Ensure Liquidity in Forex Supply The Central Bank of Nigeria has said it will continue to intervene in the inter-bank foreign exchange market...
Ghana Triples Minimum Capital Requirements for Banks The Bank of Ghana more than trebled minimum capital requirements for lenders as part of reforms to strengthen the...
Afreximbank to Boost Lending in Africa The African Export-Import Bank (Afrexcompromisarakatil said its $300 million offer in depositary receipts to private investors is expected to boost...
CBN Moves to Mitigate Risk in USSD Transactions As part of efforts to mitigate risk by bank customers that carry out transactions through Unstructured Supplementary Service...
Dangote Cement Lifts Market as Stocks Gain N175bn The country’s equities market appreciated on Thursday as the Nigerian Stock Exchange market capitalisation soared by N175bn after...
LASACO Settles N1.063bn Legacy Pension Funds LASACO Assurance Plc has settled the N1.063bn legacy pension funds in its custody, in compliance with the directive of the...
Naira May Depreciate on Dollar Shortage The naira may depreciate against the United States dollar at the parallel market on dollar shortage next week. The local...
PZ Cussons, Fortis MFB Post Profits PZ Cussons Nigeria Plc has posted a full-year group pre-tax profit of N4.81bn. For the full-year period ended May 31,...
Equities Rebound After five-day Losing Streak The Nigerian equities market rebounded from a five-day losing streak on Wednesday as the All-Share Index rose by 0.6 per...
Budget: FG Targets N100bn From Islamic Bond, Sukuk The Federal Government will today (Thursday) commence activities preparatory to the issuance of N100bn non-interest bearing Islamic bond,...