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...
Banking & Finance
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)...
Funding: SEC expresses readiness to support SMEs
Omeiza Bilal The Securities and Exchange Commission has expressed its readiness to support Small and Medium Enterprises, SMEs, offer shares...
Again, Moody’s affirms Aa3 Rating for ICIEC with stable outlook
By Benjamin Orisemeke Moody's Ratings affirmed ICIEC’s Aa3 Insurance Financial Strength Rating (IFSR) with a stable outlook for the 17th...
