NDIC pays 84.98 % of depositors in liquidated Heritage Bank
Omeiza Bilal The Nigeria Deposit Insurance Corporation (NDIC) said it has paid 84.98 per cent of the depositors whose funds...
Banking & Finance
Bears rule as equity market sheds N267bn
Transactions on the floor of Nigerian Exchange on Thursday returned to bearish run, declining by N267 billion as loss in...
Ozekhome. Agbakoba highlight legal implications of CBN’s 5% limit on Ways&Means advances
Legal experts have highlighted the potential legal and economic consequences of the Central Bank of Nigeria's (CBN) reaffirmation to maintain...
Equity market gains N241bn
Transactions on the floor of Nigerian Exchange on Wednesday closed northward, appreciating by N241 billion as gains recorded in the...
Equity market sustains growth, gains N104bn
Transactions on the floor of Nigerian Exchange on Tuesday sustained a bullish trend, gaining N104 billion. Market capitalization of listed...
CBN raises lending rate to 27.25%
Omeiza Bilal The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) Tuesday raised the monetary policy rate by...
Domestic equities gain N80bn on first trading day
The domestic equity market on Monday opened on a positive note appreciating by N80 billion as gain in the shares...
SEC guidelines ensured stability in recapitalization process – DG
Omeiza Bilal The guidelines released by the Securities and Exchange Commission prior to the banking recapitalization exercise has been described...
CBN withdraw monetary policy guidelines over misrepresentation
Omeiza Bilal The Central Bank of Nigeria says it has withdrawn the Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines...
Blended finance will accelerate Nigeria’s devt – Standard Chartered Bank
Policymakers in Nigeria have been urged to embrace blended finance, the use of catalytic capital from public or philanthropic sources...
