In today’s trading session, selloffs in GUARANTY (-1.9%), ZENITHBANK (-1.8%) and ACCESS (-3.3%) dragged the benchmark index 13bps lower to 27,646.15 points. As…
Category:
Finance
-
-
In line with its objective of enhancing financial inclusion and the development of the payment system by increasing access to deposit products…
-
Nigerian equities market rebounded with N133 billion after two days of consecutive downward trend. Specifically, the market capitalisation which opened at N13.342…
-
BusinessEconomyFinance
FMBN needs N500bn recapitalisation to provide affordable houses …Umar Abdullahi
Executive Director,Business Development & Portfolio Mgt, Federal Mortgage Bank of Nigeria, FMBN Mr Umar Abdullahi, has said that the bank needs urgent…
-
BusinessFinanceNews
CBN reduces, unbundles charges on electronic merchants collections, grants incentives
Central Bank of Nigeria CBN, has said that nationwide implementation of Cash-less policy will begin in March 2020. A statement issued by…
-
The European Parliament has backed the choice of Christine Lagarde, the former Head of the International Monetary Fund (IMF), as the next…
-
The Federal Government has taken another determined step in its bid to recover over N5 Trillion outstanding debts owed the Asset Management…
-
The African Export-Import Bank (Afreximbank) has announced the opening of registration for its 20th Afreximbank Trade Finance Seminar and Workshop, which will…
-
Ecobank Nigeria says over 100,000 merchants have been onboarded on the EcobankPay platform with transaction value reaching N2billion. EcobankPay offers customers a…
-
All is now set for the “Zenith Bank Aspire Music Festival” holding on Saturday, September 21, 2019 at the Harbour Point Event…
-
The Nigerian Financial Intelligence Unit (NFIU) has said that its request for accounts details of some categories of some politically exposed persons…
-
Nigeria domestic equities market resumed the week on a negative note as the All Share Index (ASI) declined 74bps to settle at…
-
FinanceNews
UK court orders Preko former Goldman Sachs Banker to return £7.3m laundered for Ibori or face 10 years jail
Southwark Crown Court in the United Kingdom has ruled that Elias Preko, a 60-year-old, Harvard-trained banker, who managed Mr Ibori’s money laundering…
-
Some financial experts have said that Value Added Tax (VAT) increment by the Federal Government would further dampen purchasing power of Nigerians.…
-
Apple Inc. reclaimed its status as a trillion-dollar company Wednesday, hitting that level for the first time since last November on the…