Ghana’s Banks Need More Cash Than Its Markets Can Provide Ghana’s banks face a daunting race to meet new capital rules by the end of next...
N100b Capital Vote Coming This Week Senators are not pleased that the Federal Government plans to release only an “insignificant” fraction of the N2.177 trillion capital...
Pension Fund Hits N6.6 Trillion Pension fund assets under the Contributory Pension Scheme (CPS) has hit N6.6 trillion, the National Pension Commission (PenCom) Acting Director-General, Mrs....
NSE Index Sheds 0.38% as Market Opens on Bearish Note The Nigerian Stock Exchange (NSE) All-Share Index shed 0.38 per cent to close lower at 35,306.09...
CBN Sustains Forex Intervention with $195m In continuation of its effort to sustain foreign exchange (forex) liquidity in the country, the Central Bank of Nigeria (CBN)...
Companies Raise N1.896tn from Equities Market in Seven Years Companies have raised a total of N1.896 trillion from the nation’s equities market from 2010 to 2016,...
Ecobank Launches mVisa in 33 African Countries Ecobank Transnational Incorporated has partnered Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. According to a...
Banks Cut Lending, Opt for Investment in Securities The loan books of Deposit Money Banks are shrinking by the day as lenders step up investments in...
FinTech: Banking Hall Transactions Dip by 25% Banking halls are getting less attractive to customers. Huge transactions now happen outside the banking halls, courtesy of rising...
Nigeria Recovers $3bn Unpaid Oil Monies, Says NEITI The total amount of unpaid oil and gas monies that Nigeria’s government has recovered using audit reports of...
