CBN introduces new guidelines for deposit money banks on foreign currency deposits
The Central Bank of Nigeria (CBN) has issued fresh directives for Deposit Money Banks (DMBs) regarding the deposit of foreign...
Banking & Finance
AfDB named Development Financial Institution of the year by TXF Global
Omeiza Bilal The African Development Bank has received the prestigious Development Finance Institution (DFI) of the year award at the...
Equity market gains N6bn
Nigeria's equity market Thursday appreciated marginally, growing by N6 billion as bulls continue to dominate the market. Market capitalisation of...
SEC says Nigerian cryptocurrency market worth over $400m
Omeiza Bilal The Director General of the Security and Exchange Commission (SEC) Emomotimi Agama has said that Nigeria’s cryptocurrency market...
Recapitalization will create stronger, more resilient banks – CardosoÂ
…. To support FG’s economic growth agenda Omeiza Bilal The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi...
IST Chairman canvasses more support from capital market institutions
Omeiza Bilal The Chairman, Investments and Securities Tribunal (IST) Amos Azi says only three institutions in the Nigerian Capital Market...
CBN will use conventional methods to tame inflation
Omeiza Bilal The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the determination of the...
 Ways and Means securitisation responsible for N24trn debt rise – DMO
The Debt Management Office says the rise in Nigeria’s public debt stock from N97.34 trillion in December, 2023 to N121.67...
Otedola acquires additional 797,946,415 shares at FBNHoldings
The Chairman of FBN Holdings, Femi Otedola has further cemented his position as the single largest shareholder of the financial...
Equity market sheds N248bn on first day of trading
Trading activities on the floor of Nigerian Exchange (NGX) closed southward, declining by N248 billion as bears dominated in the...
