CBN gives banks 24 months to recapitalise
Omeiza Bilal Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to...
Banking & Finance
Bulls return as equity market gains N157bn
Omeiza Bilal The Domestic equity market on Thursday remained on positive trend, appreciating by N157 billion as gain recorded in...
Afreximbank closes $282m India-focused club deal
The African Export-Import Bank (Afreximbank) on Thursday announced the successful completion of a first-of-its-kind India-focused club deal for 282 million...
Strengthening Central Bank independence to protect the global economy
Independence is critical to winning the fight against inflation and achieving stable long-term economic growth, but policymakers risk facing pressure...
CBN eliminate legacy backlog, successfully clears $1.5bn valid FX transactions
Omeiza Bilal The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled,...
Zenith Bank appoints Adaora Umeoji as GMD
Omeiza Bilal Zenith Bank Plc has announced the appointment of Adaora Umeoji, as Group Managing Director/Chief Executive with effect from...
Equity market sheds N168bn
Omeiza Bilal Transactions on the floor of Nigerian Exchange closed negative, declining by N168 billion as profit taking activities persisted...
SEC to partner ICMS on financial literacy – Yuguda
Omeiza Bilal The Securities and Exchange Commission (SEC) has said that it will partner with the Institute of Capital Market...
Bulls persist as local equities gain N28bn
Omeiza Bilal The steady upward trend persisted on the floor of Nigerian Exchange, as the market appreciated by N28 billion. Market...
Equity market gains N273bn
The domestic equity market on Wednesday continued trading on a positive note, with the bulls at the driver's seat. The...
