Nigeria: Dollar inflow hits 5-month high
Agency Report Dollar inflow into the Nigerian autonomous foreign exchange market hit a 5-month high in October, investment firms said,...
Banking & Finance
Zenith Bank records growth as PBT climbs to 1trn in Q3 2024
Omeiza Bilal Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a...
Moody’s Ratings cautions Nigerian banks, says loan concerns persist
Agency Report Moody"s Ratings have warned that Nigerian deposit money banks are holding unknown quantities of legacy exposures after the...
Equity market sheds N22bn
Agency Report Trading on the floor of Nigerian Exchange on Wednesday saw daily transactions in red, sustaining the downward trend...
Fight against corruption, Auditor Generals tells government officials
By Amarachi Ehia, Abakaliki The body of Federal and State Auditor Generals of Nigeria, Monday called on public finance handlers to stand...
Equity market sheds N448bn
The domestic equity market on Monday opened week on a negative note, declining by N448 billion as loss in the...
Sterling Bank leads initiative to empower over 300 girls in Lagos
In commemoration of the International Day of the Girl Child, Sterling Bank, in partnership with Sterling One Foundation and Giving.ng,...
CBN, IFC partner to boost local currency Financing
Omeiza Bilal International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN)...
FBNHoldings opens N150bn Rights Issue offer
FBNHolding Plc is set to undertake Rights Issue offering of 5,982,548,799 ordinary shares of 50 kobo each at N25.00 per...
AfDB, ADB sign $1bn agreement to increase development lending to African nations
Benjamin Orisemeke The African Development Bank and the Asian Development Bank have signed a $1 billion exchange exposure agreement (EEA)...
