THE Nigerian equity market, on Tuesday, recovered from the previous session’s decline, recording a N66 billion gain. Investor interest in […]
Category: Banking & Finance
UAE-based Company lodges ‘extortion claim’ against Ecobank
A United Arab Emirate based Company, Agrico Agbe has lodged extortion claims with the Central Bank of Nigeria against Ecobank […]
Just In: CBN sells $148m to 29 authorised dealers
The Central Bank of Nigeria has disbursed $148m to 29 authorised dealers as part of steps to stabilise the foreign […]
Sustained CBN’s monetary policy integral to strengthening Naira – Gwadabe
The President, Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadabe, says recent monetary policy decisions of the Central […]
CBN gives banks 24 months to recapitalise
Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the […]
Nigerian records $1.5bn FX inflows on reforms – CBN
The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few […]
Equity sheds N289bn
The Domestic equity market on Monday opened bearish, shedding N289 billion. as profit taking activities persisted in the market coupled […]
‘Those who contribute to bank failure would be prosecuted’
The Nigeria Deposit Insurance Corporation (NDIC) remains committed to ensuring that those who contribute to the failure of banks are […]
Naira rises N234.01, N340/$ at official, parallel markets
Following strings of policies recently implemented by the apex bank, including the arrest of the Binance executives, the naira has […]
FAAC distributes N1.152trn in February to FG, States, LGs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,152.756 trillion as allocation to the three tiers of […]