BoI generates 3m jobs, grows profit to N153bn
The Bank of Industry (BOI) said its profit before tax increased from N70.7 billion to N153.81 billion, the highest in...
Banking & Finance
Recapilisation: UBA expects shareholders’ approval on resolutions
Executive Director, Finance and Risk Management, United Bank for Africa (UBA), Mr Ogochukwu Nwaghodo, says the bank plans to get...
Domestic securities market a major source of funding for FG – DMO
The Debt Management Office (DMO), says the Nigerian domestic securities market remains a major source of funding for the Federal...
FAAC: FG, States, LGs share N1.208trn in April
Omeiza Bilal A total sum of N1.208 trillion was distributed to the Federation Accounts Allocation Committee (FAAC) by the Federal,...
Equity market appreciates by 0.85%
Domestic equity market on Thursday returned to bullish run, appreciating by N467 billion as gain in the shares of Airtel...
FAAC: FG, States, LGs share N1.208trn in April
Omeiza Bilal A total sum of N1.208 trillion was distributed to the Federation Accounts Allocation Committee (FAAC) by the Federal,...
NDIC obtains winding-up order for 96 MFBs, PMBs
Nigeria Deposit Insurance Corporation (NDIC) has obtained winding up Orders for 96 out of 183 Micro Finance Banks and Primary...
CBN Act: NASS proposes N500,000 each for naira abuse, refusing naira payment, buying naira
The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria Act 2007, proposing a 900 per...
Crypto Exchanges begin delisting of Naira from Platforms
Omeiza Bilal Following the directives of the Office of the National Security Adviser and the Securities and Exchange Commission that...
Afreximbank backs expansion of Grenada’s Silversands Hotel with $30m facility
African Export - Import Bank (Afreximbank) has approved a $ 30 million financing facility to Joyau Des Caraibes Limited (JDC); the...
