The Coronavirus pandemic is rightly causing a lot of anxiety globally including Nigeria. Customers of Ecobank have been encouraged by the Bank…
Finance
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FinanceNewsStock Market
Shares prices at Nigerian Stock Market further by 2.9 as fear of COVID-19 rises
Shares on Nigerian market fell by 2.94% to their lowest level in more than eight years as the number of coronavirus cases…
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EconomyFinanceNews
CBN to inject N1trn as stimulus on Economy, health sector to get additional N100bn loan boost
Two days after it unveiled a six-point palliative to ameliorate the continued impact of the corona virus on the Nigerian economy and…
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Indications are that the federal government in line with the collapse of international market oil prices has approved a reduction in the…
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Afreximbank has said that registration for the 2020 Annual Meetings of the African Export-Import Bank (Afreximbank), which will be held in Sharm…
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At the close of trade, the local bourse posted a positive performance as the All-Share Index rose 109bps to 22,789.64 points due to buy interest in…
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Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, has appointed two new into its Board of Directors. Dr.…
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FinanceNewsStock Market
Zenith, Union bank debunk merger speculation, NSE records negative performance… ASI Sheds 0.7%
UNION Bank of Nigeria Plc and Zenith Bank Plc at the floor of the Nigerian Stock Exchange debunked rumours that that the…
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EconomyFinanceNews
Ecobank Xpress Save and Xpress Loan is designed to stimulate micro savings in the economy” – Akinwuntan
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ecobank Xpress Save and Xpress Loan is a digital product designed to stimulate…
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The Federal Government has suspended its plan to borrow $22.7 billion from foreign institutions, Minister of Finance, Budget and National Planning, Zainab…
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The World Bank on Tuesday said it had increased to $14 billion the amount of fast-track financing available to members to respond…
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Zenith Bank Plc, on Monday, March 16, 2020 held its 29th Annual General Meeting (AGM) in Abuja, Nigeria, during which the Bank’s…
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EconomyFinanceNews
CBN reduced interest rate on intervention facility to 5%, creates coronavirus fund
The Central Bank of Nigeria (CBN) said that the interest rates on all applicable apex bank’s intervention facilities have been reduced from…
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The domestic bourse opened the week negative as sell pressures in FBNH (-7.5%), WAPCO (-6.1%) and DANGSUGAR (-3.0%) pulled the All-Share Index down 12bps to 22,705.19 points. Consequently,…
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By Kristalina Georgieva While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is…