Bears return as equity market sheds N193bn
The domestic equity market on Wednesday returned to bearish run, depreciating by N193 billion as bears dominated the activities during...
Banking & Finance
Green Climate Fund approves $151m AfDB’s climate resilience in Horn of Africa
Benjamin Orisemeke The Green Climate Fund has approved $151 million in financing for a major resilience programme supported by the African...
NDIC set to liquidate 62 MFBs, 25 PMBs
The Nigeria Deposit Insurance Corporation (NDIC) is set to liquidate 87 micro finance banks and primary mortgage whose licences have been revoked...
SEC gives approves Quidax, Busha as crypto exchanges
Nigeria’s Securities and Exchange Commission (SEC) said it has granted an Approval-in-Principle to two crypto exchanges Quidax and Busha, authorising...
Equity market sheds N176bn
The nation's equity market on Wednesday closed southward depreciating by N176 billion as loss in the shares of MTN Nigeria,...
FMBN to enhance credit quality, reduce non-performing loans-Osidi
Agency Report Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), Mr Shehu Osidi, announced...
SEC reiterates commitment to support economy, outline roadmap
Omeiza BilalThe Securities and Exchange Commission has expressed its unwavering commitment to the advancement and prosperity of the Nigerian capital...
Africa’s energy sector to litigate banks, financiers for financial apartheid in oil, gas sector
In recent years, several Western banks and financial institutions have implemented policies aimed at reducing support for fossil fuel projects,...
Equity market sustains growth trend, gains N577bn
The domestic equity market experienced growth profile at the end of trading on Thursday, as the All-Share Index increased by...
CBN reaffirms commitment to provide liquidity support to FX markets
Omeiza Bilal In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning...
