Commissioner for Insurance MR Olorundare Sunday Thomas has said that for the Nigerian insurance industry, the way forward is a move towards…
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Finance
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FinanceNewsStock Market
Otedola sells off 834.9m shares in FBNH as Access Holdings acquires Sidian Bank
NGX has said that First Bank Holdings has in a series of notification of insider dealings, reported that Mr. Otedola and his…
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Commissioner for Insurance / CEO Thomas O S has said that the Federal Government’s drive towards enhancing local content speaks to the…
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Gains in the equities market extended to the third consecutive trading session as the benchmark index rose 0.3% to close at 53,270.88…
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The Economic and Financial Crimes Commission EFCC has ducked three suspected fraudsters namely, Helen Oyelowo, Manshop Christopher and Paul A. Okache for obtaining the sum…
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African Export Import Bank has said that it disbursed $300 million Intra-African Investment Financing Facility to Titan Trust Bank (TTB) to support…
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The local bourse opened the week on a positive note as the benchmark index rose 0.3% to close at 53,086.46 points due…
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EconomyFinanceNews
Bank customers decry increasing fintech fraud, wants regulators to intensify efforts
Customers of various banks in the Federal Capital Territory (FCT), have decried the increasing rate of financial technology (fintech) banking related fraud in…
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The Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit.…
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EconomyFinanceNews
Afrexim, ITFC sign $250m agreement to support African response to economic challenges posed by the ongoing geopolitical turmoil
African Export-Import Bank (Afreximbank) today announced agreed mandate to the International Islamic Trade Finance Corporation (ITFC) to raise a US$250 million Murabaha…
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The Central Bank of Nigeria, (CBN) has asked banks operating in the country to accept indemnity from customers for transactions of N1million…
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Titan Trust Bank has sacked the board and management of Union Bank PLC after taking over the bank. In a statement, the…
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Abbey Mortgage Bank Plc, Nigeria’s leading non-aligned Primary Mortgage Bank in Nigeria (PMBN) made a profit before tax (PBT) of N661.063 million…
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The NGX-ASI fell 0.3% to close at 52,815.78 points due to sell pressure on NB (-4.7%), ZENITH (-1.9%), and INTBREW (-5.7%). Accordingly,…
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EconomyFinanceNews
Green, social, sustainable bonds to serve Africa’s sustainable investment needs—WB
World Bank Group has said that Green, Social, and Sustainable (GSS) bonds market remains a new frontier for Africa that will help…