FMBN to enhance credit quality, reduce non-performing loans-Osidi
Agency Report Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), Mr Shehu Osidi, announced...
Banking & Finance
SEC reiterates commitment to support economy, outline roadmap
Omeiza BilalThe Securities and Exchange Commission has expressed its unwavering commitment to the advancement and prosperity of the Nigerian capital...
Africa’s energy sector to litigate banks, financiers for financial apartheid in oil, gas sector
In recent years, several Western banks and financial institutions have implemented policies aimed at reducing support for fossil fuel projects,...
Equity market sustains growth trend, gains N577bn
The domestic equity market experienced growth profile at the end of trading on Thursday, as the All-Share Index increased by...
CBN reaffirms commitment to provide liquidity support to FX markets
Omeiza Bilal In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning...
Bank recapitalization, others key to trillion-dollar economy – Agama
Omeiza Bilal The Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama has said that Nigeria needs to address...
Pension fund rises 11.6% in H1 2024
National Pension Commission (PenCom) has said pension fund assets climbed by 11.5990 per cent to N20.484 trillion at the end...
Equity market sheds N93bn
The domestic equity market on Monday opened in bearish run, declining by N93 billion as loss recorded in the shares...
Amid protests, equity market sheds N235bn
The domestic equity market on Thursday closed southward, depreciating by N235 billion. Market capitalisation of listed equities declined by N0.42...
FG retained revenue climbs to N1.76trn in Q1 2024 — Report
Debt service costs consumed about 74 percent of the federal government's retained revenue in the first quarter of 2024, according...
