Agusto & Co a Nigeria based rating Agency has said in its 2020 Banking Industry Report that commercial banks in the country…
Category:
Finance
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NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond…
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FinanceNewsStock Market
Bargain hunting drives stock market performance last week as ASI up 0.6% w/w
The local bourse closed in the positive region this week, as buying interests in DANGCEM (+6.5%), FIDSON (+18.1%) and JBERGER (+10.0%) buoyed…
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EconomyFinanceNews
Nigeria financial market last week: Oil market balance raises hope for exchange rate stability
The external reserve balance sustained a downtrend last week, declining 35bps w/w to settle at $36. 0 billion. Furthermore, following the agreement…
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The key market indicators of the Nigerian Stock Exchange (NSE) on Thursday posted first gain for the week, appreciating by 1.40 per…
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In commemoration of the National Diaspora Day, Ecobank Nigeria has stated that it is offering zero fees for money transfers on the…
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The Senate on Wednesday, July 22, 2020 passed the Bill to repeal the Banks and Other Financial Institutions Act (BOFIA) CAP B3…
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The Oyo State Executive Council has approved the issuance of a N100 billion private bond tagged “Oyo Prosperity Bond” to facilitate the…
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Today, the local bourse closed flat as the NSE All-Share Index stood at 24,173.53 points despite gains in ETERNA (+8.9%), MAYBAKER (+7.9%)…
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Ecobank Nigeria has assured farmers who are beneficiaries of the Anchor Borrowers programmes for the 2020 wet season and members of the…
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Nigeria Pension Commission (PenCom) said that the nation’s total pension assets rose to N10.8 trillion at the end of May 2020, an…
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The local bourse closed in the red as the All-Share Index depreciated 39bps due to losses in DANGCEM (-3.2%), ZENITH (-0.6%) and…
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Central Bank of Nigeria Monetary Policy Committee has said that Nigerian Banks grew their total loans to the Nigerian economy by N3.3…
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The Nigeria Shippers Council(NSC) is collaborating with the National Insurance Commission (NAICOM) on reducinh the cost of doing business at the ports…
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Following its first announcement in October 2019, Nigeria’s largest bank, Access Bank PLC has announced the successful completion of the acquisition of…