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...
Banking & Finance
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...
AfDF approves $10m GAFSP Trust Fund to scale up nutrition in Liberia
Efe Tega The Board of Directors of the African Development Fund has approved an additional $10 million from the Global...
Fitch reaffirms Long-Term Issuer Default Rating for Afreximbank at ‘BBB’, with Stable Outlook
Omeiza Bilal Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) for African Export-Import Bank (Afreximbank) at ‘BBB’, with...
Nigeria: AfDBank, InfraCredit sign $15m agreement to enhance infrastructure financing
Efe Tega The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15...
N25.32bn worth of shares changes hand at Thursday equity market
Investors on Thursday bought 1.299 million shares worth N25.326 billion. The volume of trades increased by 80 million representing 6.07...
First Bank confirms Alebiosu as CEO, Ini Ebong as DMD
The Board of FirstBank has approved the appointment of Mr Olusegun Alebiosu, as the Managing Director/Chief Executive Officer, FirstBank Group....
Afreximbank, Africa CDC supports of Africa health, pharmaceutical products manufacturing with $2bn
Omeiza Bilal African Export-Import Bank (Afreximbank) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their...
Equity market sheds N48bn
Omeiza Bilal The nation's equity market on Wednesday opened week in a bearish run declining by N48 billion as loss recorded...
AfDB launches initiative to spur home-grown solutions to debt challenges
Omeiza Bilal The African Development Bank's African Development Institute has launched the African Debt Managers Initiative Network (ADMIN), a new...
