Equity market sheds N68b
The local equity on Tuesday closed on negative direction, shedding N68 billion losses in the market dominated bearish activity. Market...
Banking & Finance
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...
Afreximbank approves $200m facility to support BUA’s expansion plans
Benjamin Orisemeke African Export-Import Bank (Afreximbank) has approved a $200 million Corporate Finance Facility in favour of BUA Industries Limited...
Equity market opens week higher, gains N83bn
Agency Report The nation's equity market on Monday opened the week on a positive note, appreciating by N83 billion as...
Ecobank partners Nium to unlock cross-border payments across 35 African markets
Benjamin Orisemeke Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated, the leading...
FIRS names Dangote most tax compliant business organisation
Omeiza Bilal It was a season of awards at the weekend for the Dangote Group and its subsidiaries following their...
NDIC commences auction of landed properties, chattels of defunct Heritage Bank (in-liquidation)
Omeiza Bilal In a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank...
Strong, innovative market necessary for Nigeria’s future – SEC
Omeiza Bilal The Securities and Exchange Commission (SEC) has emphasized that a strong, inclusive, and innovative market is not just...
CBN targets $1bn diaspora remittances
Omeiza Bilal The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has outlined critical milestones in the...
NDIC pays 86% of depositors’ funds trap in Heritage bank
Omeiza Bilal The Nigeria Deposit Insurance Corporation (NDIC) has paid 86 per cent of the total insured deposits to depositors...
