Investors Shun FG’s Bond Auction as Yields Drop Investors in the country’s bond market, on Wednesday, shunned the Federal Government’s bond auction owing to falling yields....
Ecobank Profit Drops by 26% Ecobank Transnational Incorporated Plc has announced a drop of 26 per cent to $151.3m in its group profit before tax for...
UBA Half-year Profit Rises by 65.5% United Bank for Africa Plc has recorded a significant rise of 65.5 per cent in its profit before tax for...
CBN Introduces Two New Non-interest Banking Instruments In a bid to aid liquidity management and deepen the financial system, the Central Bank of Nigeria (CBN) has...
Access Bank Grows Profit by 18%, Equities Gain Access Bank Plc has reported an 18 per cent growth of its profit before tax for the half...
PwC allays fears over Nigeria’s refinancing plan Following the Federal Executive Council’s recent approval of a plan to issue $3bn worth of foreign bonds of up...
Experts Advocate Single-market Rate to Stem Falling Naira Financial experts have identified some reasons for the gradual depreciation of the naira in spite of series of...
MRS Oil Posts N1.5bn After-tax Profit MRS Oil Nigeria Plc has announced an increase in its profit after tax to N1.5bn for the financial year ended...
Monetary Policy Offers Limited Tools for Economic Recovery Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says monetary policy offers limited tools for...
Forex Monthly Demand Jumps to N588b -CBN The demand for foreign exchange (forex) has continued to rise despite the drop in forex earnings by the Federal...
