CBN cuts interest rate on T-Bills below 18%
Agency Report The Central Bank of Nigeria (CBN) has cut spot rates on Nigerian Treasury bills at the primary market...
Banking & Finance
FirstBank defined by resilience, unshakable customer-commitment – Alebiosu
First Bank of Nigeria has said its journey as a financial institution has been defined by resilience, adaptability and an unshakable...
AfDB approves $230m for Access Bank to boost FX for Nigerian SME
Agency Report The African Development Bank (AfDB) has announced plans to provide a $230 million trade finance package to Access...
Equity market closes on bearish run, sheds N345bn
The nation's equity market on Tuesday returned to bearish run, depreciating by N345 billion. Market capitalisation of listed equities declined...
IWD: UBA celebrates women with month-long strategic initiatives
Orisemeke Benjamin Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to commemorate this year’s edition of the...
Ecobank Group to facilitate access to financing for Africa’s women entrepreneurs
Orisemeke Benjamin To bridge the gender financing gap for Africa’s women entrepreneurs, Ecobank, the leading pan-African financial services group, announces...
Credit to private sector declines amidst tight monetary policies
Agency Report Nigeria’s private sector credit recorded a measured decline of N1.07 trillion (1.41 per cent) in January 2025, reducing...
CBN strengthens regulatory oversight to safeguard Nigeria’s financial system
Omeiza Bilal The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a transparent and resilient financial system...
Dangote Cement posts N732.54bn PBT, revenue soars by 62% 2024
Dangote Cement Plc has announced a profit before tax (PBT) of N732.537 billion for the financial year ended December 31,...
Naira gains as CBN reforms show impact
The Naira appreciated in the official market on Friday, trading at N1,492.49 against the Dollar. Data from the Central Bank...
