CBN approves new guidelines for BDCs
Omeiza Bilal The Central Bank of Nigeria (CBN) has approved a new guideline for operation of Bureau De Change (BDCs) and...
Banking & Finance
Equity market down 0.15%, sheds N84bn
Trading activities on the floor of Nigerian Exchange (NGX) on Thursday closed southward declining by N84 billion as loss recorded in...
Equity market sheds N89bn
The domestic equity market Wednesday returned to bearish run, declining by N89 billion following self-off in the banking stocks. Market...
BoI generates 3m jobs, grows profit to N153bn
The Bank of Industry (BOI) said its profit before tax increased from N70.7 billion to N153.81 billion, the highest in...
Recapilisation: UBA expects shareholders’ approval on resolutions
Executive Director, Finance and Risk Management, United Bank for Africa (UBA), Mr Ogochukwu Nwaghodo, says the bank plans to get...
Domestic securities market a major source of funding for FG – DMO
The Debt Management Office (DMO), says the Nigerian domestic securities market remains a major source of funding for the Federal...
FAAC: FG, States, LGs share N1.208trn in April
Omeiza Bilal A total sum of N1.208 trillion was distributed to the Federation Accounts Allocation Committee (FAAC) by the Federal,...
Equity market appreciates by 0.85%
Domestic equity market on Thursday returned to bullish run, appreciating by N467 billion as gain in the shares of Airtel...
FAAC: FG, States, LGs share N1.208trn in April
Omeiza Bilal A total sum of N1.208 trillion was distributed to the Federation Accounts Allocation Committee (FAAC) by the Federal,...
NDIC obtains winding-up order for 96 MFBs, PMBs
Nigeria Deposit Insurance Corporation (NDIC) has obtained winding up Orders for 96 out of 183 Micro Finance Banks and Primary...
