Senate pledges to roll out new capital market reforms
Omeiza Bilal The Chairman, Senate Committee on Capital Market and Institutions, Osita Izunaso has assured on the commitment of the...
Banking & Finance
Domestic equity sheds N850bn
The local equity market Tuesday sustained declining profile, shedding N850 billion as declined in the shares of BuaCement, FBNHoldings, Nigerian...
FX transaction hits $800m – Cardoso
Nigerian central bank Governor Olayemi Cardoso said that dollar liquidity in the country’s currency market has risen sharply, pointing to...
CBN has settled $2.3bn legitimate forex requests – Cardoso
By Uzezi Samuel The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso says the apex bank has already...
ACAMB elects new executive committee to drive its next phase of growth
…As new President harps on collaboration Members of the Association of Corporate and Marketing Communication Professionals in Nigerian Banks (ACAMB)...
FirstBank wins Corporate Bank award at Euromoney Awards
FirstBank, Nigeria’s premier financial institution was crowned as the Best Corporate Bank at the recent prestigious Euromoney Awards for Excellence,...
Equity market sheds N437bn
The Nigeria stock market on Monday closed in a negative trend, shedding N437 billion as price depreciation recorded in the...
CBN releases modified guidelines for CRR implementation
The Central Bank of Nigeria (CBN) has introduced a modified mechanism for the implementation of the cash reserve requirement (CRR)...
Forex crisis: CBN issues fresh guidelines to tackle currency speculation, hoarding
By Omeiza Bilal As part of efforts to curb currency speculation and hoarding in the country, especially by banks, the...
Analysts predict contrasting outcomes for businesses as forex crisis worsens
Financial analysts have predicted a tale of contrasting outcomes for quoted companies based on their net foreign assets as the...
