Finance

Bank of Industry has now approved a $20M technology fund for young innovators, Central Bank is offering a N90B soft loan facility…

Sell-offs in MTNN (-3.5%), ETI (-3.9%) and STERLNBA (-6.0%) dragged the All-Share Index 22bps down to 26,974.38 points. This resulted to a slowdown in YTD return to…

Domestic Ivorian cocoa exporters fear going bankrupt because they cannot compete with the higher prices multinational companies are paying for beans, the…

The South African rand gained on Wednesday after Finance Minister Tito Mboweni said in a budget speech that the government would cut…

The African Export-Import Bank (Afreximbank), in collaboration with FCI, will hold a two-day conference in Nairobi to promote the use of factoring…

Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Alhaji Buba Galadima and that of his company, Bedko Nigeria…

The All-Share Index lost 3bps to 27,033.10 points following sell pressures in NIGERIA BREWERIES (-2.1%), GUARANTY (-0.4%) and ZENITH (-0.3%). Accordingly, market capitalisation fell ₦4.1bn to ₦14.1tn…

Access bank plc has directed that all Diamond Bank cheque will no longer be valid for transact at the end of this…

Losses in banking stocks – GUARANTY (-3.8%), ZENITH (-3.8%) and ACCESS (-6.4%) – dragged the All-Share Index down 127bps to 27,041.03 points. Consequently, YTD return plunged to…

Shareholders of the European Bank for Reconstruction and Development will be asked in May whether to give the bank the green light…

Africa Finance Corporation (AFC) is investing $63 million to build and operate a 60 megawatt (MW) wind farm in Djibouti, the Lagos-based…

By omoh Gabriel Indication emerged weekend that some Nigeria banks managing directors are in active connivance with money launderers, political expose persons…

The Nigeria Deposit Insurance Corporation (NDIC), says it has liquidated 427 financial institutions as at December 2019. Mr John Abiodun, the Assistant…

Ecobank Nigeria said it is set to hold  2020 Regional Trade Forum in Lagos. The forum taking place in March, will be…

The downtrend in the Nigerian Stock market persisted during the outgoing week, as sustained sell-offs in LAWUNION (-36.5%), MANSARD (-10.0%) and FORTE…