Nedbank Downgrades Ecobank Stocks South Africa’s Nedbank booked a $293 million writedown on the value of its stake in sub-Saharan lender Ecobank on Tuesday and reported...
Equities Market Sheds N281bn in February on Persisting Bearish Trading The Nigerian equities market shed N281 billion in market capitalisation in February following persistent bearish trading....
Stakeholders Bullish on Green Bond as Global Demand Hits $60trn Stakeholders in the Nigerian capital market have said the bid by the federal government to raise...
Dangote Cement Profit Falls by 3.91% The profit before tax of Dangote Cement Plc fell by 3.91 per cent in 2016, reports submitted at the Nigerian...
AMCON, Helicopters Firm in Talks Over Debt Payment Asset Management Corporation of Nigeria (AMCON) and Odengene Air Shuttle (OAS Helicopters) have began talks over debt payment...
CIBN Urges Support for TSA The Chartered Institute of Bankers of Nigeria (CIBN) has stressed the need for Nigerians to continue to support the Treasury Single...
CBN Pumps Fresh $180m into Forex Market The Central Bank of Nigeria on Monday increased the liquidity in the foreign exchange market by releasing additional $180m...
FCMB Offers Free Banking Services to SME Operators The small and medium scale enterprises (SMEs) in Nigeria can now enjoy banking services without charges. This followed...
CBN, NIBSS Restate Commitment to Cashless Policy The Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS) have reiterated their commitment to the...
Shareholders Get N30bn Stranded Dividend The Securities and Exchange Commission has said that over N30bn has so far been paid to investors in the Nigerian capital...