Equity market sheds N142bn
The local equity market on Thursday returned to negative performance, shedding N142 billion. Although the market recorded higher gains during the...
Banking & Finance
Bank capitalization: N1.7trn raised through e-offering, says SEC
Omeiza Bilal The Director General, Securities and Exchange Commission, SEC, Dr Emomotimi Agama has disclosed that so far about N1.682...
CBN warns public on use of fake SWIFT messages
Omeiza Bilal The Central Bank of Nigeria has warned bank customers who take pleasure in using unreliable SWIFT messages for...
Equity market opens bullish, gains N15bn
The local equity market on Monday opened the week with bull rampaging through the market, growing by N15 billion. Market...
Polaris Bank champions financial literacy for Students to commemorate World savings day
Polaris Bank concluded its nationwide financial literacy initiative with an impactful session at the Managing Director/Chief Executive Officer’s designated school,...
World savings day: Unity Bank to boost savings culture with new App
Benjamin Orisemeke In a bid to promote a savings culture and enhance financial literacy among young Nigerians, Unity Bank Plc...
AFC secures $300m loan, expands investor base with Indian lenders
Benjamin Orisemeke Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a $300 million India-focused syndicated...
Experts fear CBN may further hike rates
Omeiza Bilal Chief Executive of Financial Derivatives Company (FDC) Limited Bismarck Rewane has insisted that the Central Bank of Nigeria...
Growth in Sub-Sahara Africa is diverging
Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee and Hamza Mighri Sub-Saharan Africa is home to nine of the world’s top twenty fastest-growing economies...
Domestic equities shed N113bn
Trading activities on the floor of Nigerian Exchange (NGX) on Thursday took downward direction, shedding N113 billion as loss recorded...
