The Banker in its top 1000 world banks 2018 has said that Africa’s banks delivered the highest returns with a 26 per…
Finance
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Assets Management Company of Nigeria (AMCON) has said that there would be no more room for negotiation with debtors as the company…
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Investors at the Nigerian Stock Exchange gained N150.7 billion as the All Share Index rose by 1.1 per cent. This halted the…
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Customers in the retail segment of the Nigerian inter-bank foreign exchange market received a $318.73m boost from the Central Bank of Nigeria…
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Britain and Nigeria are exploring ways to list Naira-denominated bonds on the London Stock Exchange to help fund infrastructure projects in the…
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Wema Bank Plc. said that its Managing Director/Chief Executive Officer, Segun Oloketuyi is retiring from the bank following almost a decade at…
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FinanceNewsStock Market
Profit taking in banking stocks drags market performance… NSE ASI down 10bps
The negative performance of the local bourse was sustained in today’s session as the NSE All Share Index (ASI) fell 10bps to 37,963.93…
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Federal Government of Nigeria is again planning to raise another $2.8 billion offshore loans as part of its 2018 budget and will…
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ECOWAS is set to enhance sustainable electricity access through solar in 19 countries in West Africa and the Sahel region to promote…
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The International monetary Fund has warned that weaknesses in some financial institutions in Ghana including high levels of nonperforming loans can adversely…
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The Federation Account Allocation Committee (FAAC) disbursed the sum of N289.04 billion to the Federal Government in May, the National Bureau of…
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Today, the local bourse reversed gains from yesterday’s positive performance as losses in market bellwethers – INTBREW (-6.1%) and ZENITH (-1.7%) – pulled…
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Wema Bank Plc.,has launched a new blog called enovate, offering stories about innovation, with staff and customers as main contributors. The aim…
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The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the…
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Edo State, government said it has sustained the monthly N264 million payment to pensioners, to ensure that retirees enjoy their status as…