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...
Profit-taking Drags Equities Down by N43bn Profit-taking on equities that had gained over time pressured Nigerian stocks to plummet on Wednesday, shedding approximately N43bn. The performance...
OLX Site Recorded N12.1trn Online Transactions in 2016 OLX, a leading online classifieds site in Nigeria, has released the report of the total number of second-hand...
Ikeja Hotel Plc Records N128m Loss in Nine Months Ikeja Hotel Plc, owners of Lagos Sheraton Hotels, wednesday reported a loss of N128 million for the...
Equities Market Ends Gaining Streak, Sheds N19bn The Nigerian equities market ended its winning streak on Tuesday after sustaining gain for the fourth consecutive session on...