Equity market gains N132bn
The local equity market on Wednesday returned to bullish trend, gaining N132 billion as gain in the shares of FBNHoldings,...
Banking & Finance
No plans to revoke more more banking licenses – CBN
Omeiza Bilal The Central Bank of Nigeria (CBN) has said that a report making the rounds that it plans to...
Equity market sheds N103bn as strikes commences
Domestic equity market on Monday opened in a bearish run, declining by N103 billion. Market capitalisation of listed equities went...
NDIC commences Heritage Bank liquidation, assures on prompt payment of insured deposits
Omeiza Bilal The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage Bank, assuring it will pay depositors...
Africa needs $402.2bn annually to boost structural transformation by 2030 – AfDB
Africa needs to close a financing gap of about 402.2 billion dollars annually by 2030 to fast-track its structural transformation....
Again, equity market gains N249bn
Omeiza Bilal The domestic equity market on Wednesday sustained growth profile, appreciating by N249 billion as gains recorded in the...
UBA, Zenith, others generate N627bn from foreign subsidiaries
Foreign subsidiaries of Nigeria’s four biggest banks - Access Bank, Zenith Bank, UBA and GTCO generated a pre-tax profit of...
AfDB urges African nations to attract private sector collaboration in financing tertiary education
Omeiza Bilal Experts attending an African Development Bank (AfDB) high-level dialogue in Kenya have urged African nations to intensify efforts...
Domestic equities gain N142bn in first day of trading
The domestic equity market Monday opened the week on a positive note, appreciating by N142 billion as gains recorded in...
Senate wants 21 years imprisonment for breach of CBN Act
The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria (CBN) Act of 2007, proposing a...
