CBN Sells $313m in Forward Auction The Central Bank of Nigeria has sold about $313m in a two-month forward auction to clear backlog of dollar demand,...
Revenue Dips by N90.27bn as Governments Share N420bn The funds realised by the Nigerian federation dipped by N90.27bn for the month of September, statistics made available...
CBN Unveils Banks With Lowest, Highest Lending Rates The Central Bank of Nigeria (CBN) on Wednesday unveiled the list of banks with the lowest and the...
GTBank Reports N120bn Profit in Nine Months Guaranty Trust Bank on Wednesday announced a 59 percent increase in profit for the nine months ended September, following...
FG in Talks With Saudi Company for Sukuk Loan The Federal Government is in talks with the investment arm of Saudi Arabia-based Islamic Development Bank about...
CBN Orders Banks to Stop Dollar Loans Bank customers who do not earn foreign exchange (forex) will henceforth not be able to secure dollar-denominated loans, the...
FX Gains Will Boost Banks’ Earnings, Say Analysts As more banks prepare to release their nine months results, financial analysts at FBN Quest have said many...
FCMB Transforming to Retail Banking The First City Monument Bank Limited says it is transforming itself from being one of Nigeria’s leading investment banks to one...
CBN to License 20 More Money Transfer Operators The Central Bank of Nigeria (CBN) will, in the coming weeks, license 20 new International Money Transfer Operators...
NSE Index Falls 0.8% as Bears Dominate Trading The Nigerian Equities Market began the week on a bearish as the Nigerian Stock Exchange (NSE) All-Share Index...
