CBN introduces electronic FX matching system to curb speculation
The Central Bank of Nigeria (CBN), has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS), for Foreign...
Banking & Finance
Afreximbank approves $20.8m for Starlink Global’s cashew factory project in Lagos
Benjamin Orisemeke African Export-Import Bank (Afreximbank) has approved a $20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited...
Equity market sustains negative trend, sheds N671bn
The domestic equity market on Thursday shed N671 as selloff in the shares of Dangote Cement, Dangote Sugar Refinery, FBNHoldings,...
Africa: FEDA, AFC power ARISE IIP’s $443m capital raise
Benjamin Orisemeke ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise...
AFC issues $500m Eurobond
Africa Finance Corporation (AFC) announced yesterday that it has successfully issue a $500 million 144A/Reg S Eurobond from the global...
Equity market closes lower, dips by N188bn
Transactions on the floor of Nigerian Exchange (NGX) returned to bearish run, depreciating by N188 billion, as bears dominated the...
Capital market players gather in Abuja for Investor Clinics
Omeiza Bilal The Securities and Exchange Commission is set to hold investor clinics in Lagos, Abuja and Port Harcourt as...
Unity Bank, ANWBN empower women entrepreneurs with AI, digital marketing skills
Benjamin Orisemeke Unity Bank Plc has hosted a capacity-building workshop to support the Association of Nigerian Women in Business Network...
GT Fund Managers launch Investment Fund 724
Guaranty Trust Fund Managers Limited (GTFML) the asset management subsidiary of Guaranty Trust Holding Company Plc, has announced the launch...
Digital lenders fret as CREDICORP disbursement hit N3.5bn
The Federal Government’s consumer credit scheme, anchored by the Nigeria Credit Corporation (CREDICORP), is gaining momentum with more accessible interest...
