OPEC Fund arranges $50m loan to promote access to finance for SMEs in Paraguay
Orisemeke Benjamin The OPEC Fund for International Development (the OPEC Fund) has arranged a syndicated loan with a $50 million...
Banking & Finance
Equity market gains N332bn
Trading activities on the floor of Nigerian Exchange (NGX) Wednesday sustained a bullish run, appreciating by N332 billion as gains...
Nigeria’s foreign reserves declines to $39.72bn in January 2025 – CBN
The nation's foreign exchange (FX) reserves declined by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded in...
Blockchain’ll aid capital market regulation – SEC
Orisemeke Benjamin The Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama has emphasized that the deployment of...
Equity market gains N98bn
The domestic equity market on Tuesday sustained a growth trajectory, gaining N98 billion as bulls dominated the trading activities during...
PoS transactions climbed to N18trn in 2024 – NIBBS
Point of Sales (PoS) transactions in Nigeria skyrocketed to a record N18 trillion in 2024, marking a 69% increase from...
CBN shifts deadline for BDCs to access FX market
The Central Bank of Nigeria (CBN) has granted eligible Bureau de Change (BDC) operators more time to access the Nigerian...
Equity market gains N83bn
Agency Report The local equity market on Monday opened in a bullish note, appreciating by N83 billion as gain recorded...
AfDB partners with AXIAN Telecom to accelerate Africa’s digital transformation
Orisemeke Benjamin The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand...
CBN says reforms yielding significant results
Omeiza Bilal Deputy Governor Economic Policy of the Central Bank of Nigeria (CBN) Mohammed Sani Abdullahi, said that the reforms...
