Zenith Bank Plc, on Monday, March 16, 2020 held its 29th Annual General Meeting (AGM) in Abuja, Nigeria, during which the Bank’s…
Finance
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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…
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Access Bank has completed the listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE). The 15.50% fixed rate,…
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United Bank for Africa, UBA has assured Nigerians that the bank has taken necessary measures to protect its workers as well as…
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The Central Bank of Nigeria has said that it has not devalued the Naira and warned currency speculators and their collaborators that …
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Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has proposed the appointment of Geoffrey Okamoto as First Deputy Managing Director,…
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British stocks joined a global rout on Thursday, leading to the worst single-day percentage drop since 1987 on concerns the world-wide economy…
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In today’s trading session, price depreciation in MTNN (-10.0%), GUARANTY (-9.1%) and ZENITH (-10.0%) dragged the All-Share index down to 22,695.88 points. Consequently, investors lost ₦457.0bn as market…
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BusinessFinanceNews
Africa’s richest woman, Ogun State First Lady, others celebrate FCMB SheVentures at 1
On March 5, 2020 leading lender First City Monument Bank celebrated the first year anniversary of SheVentures, its exclusive proposition for women…
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BusinessEconomyFinanceNews
CBN to deploy additional measures to strengthen buffers, insulate economy from global headwinds
Governor Central Bank of Nigeria Mr. Godwin Emefiele has said that the CBN “working with the fiscal authorities, will not hesitate to…
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The bloodbath continued in today’s trading session as price decline in DANGCEM (-10.0%), NESTLE (-10.0%) and ZENITH (-7.7%) dragged the All-Share index down…
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BusinessEconomyFinance
Receivables finance Can Help Close Africa’s $90bn SME Financing Gap— Kenya Central Bank Governor
Governor of Central Bank of Kenya Dr. Patrick Njoroge, has said that receivables finance is an important tool that can help to…
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The International Monetary Fund IMF, has said that The United Kingdom announced a package of measures to respond to the economic challenges…
