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...
Banking & Finance
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...
Access Bank (UK) to acquire Mauritius-based AfrAsia Bank
Access Holdings PLC has announced that its banking group’s, subsidiary, the Access Bank UK Limited has entered into a binding...
Bank recapitalisation a strategy to increase loans, financial products to MSMES – CBN
Omeiza Bilal The Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso has said that the banks new minimum capital requirements...
Domestic equities market gains N96bn
Trading activities on the floor of Nigerian Exchange closed higher, appreciating by N96 billion as the market closed in bullish...
Equity market sheds N68b
The local equity on Tuesday closed on negative direction, shedding N68 billion losses in the market dominated bearish activity. Market...
NDIC to begin auction of landed properties, chattels of defunct Heritage Bank
Omeiza Bilal In its effort to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has...
