Finance
Ecobank restates commitment to AfCFTA
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank is prepared to partner with other organisations to explore the opportunities…
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Finance
Finance
Nigerian Stock Market opens Week negative… ASI Down 0.2%
Sell-offs in the banking stocks, ETI (-8.9%), FCMB (-9.9%) and ZENITH (-0.7%) drove the NSE All-Share Index (ASI) down 17bps to 30,479.39 points. Similarly, investors lost ₦26.8bn as market capitalisation declined…
Finance
MDAs exhaust 2020 budget on personnel cost, yet to pay salaries
Indication emerged weekend that about some Ministries, Departments and Agencies MDAs in the Federal Civil Service have reportedly exhausted their 2020 personnel…
Finance
Nigerian Diaspora remitted $25bn annually in last three years ….Dabiri-Erewa
The Chairperson Nigerians in Diaspora Commission NIDCOM Mrs Abike Dabiri-Erewa has said that in the last three years, Nigerians in the Diaspora…
Finance
Set up compensation fund for businesses impacted by ENDSARS unrest CHRICED tells CBN
Resource Centre for Human Rights & Civic Education (CHRICED) has urged the Central Bank of Nigeria (CBN) to set up a compensation…
Finance
Nigerian stocks hit 16-month high as company results ease COVID concerns
Nigerian stocks soared to a more than 16-month high on Friday as funds piled into equities, propelled by low interest rates and…
Finance
Organised response to cybercrime, money laundering, trafficking in ECOWAS takes off
The Economic Community of West African States (ECOWAS) has finalised arrange to put in place its European Union support to Organised Crime…
Finance
CBN lists eligible, ineligible businesses to apply for N75bn Youth Investment Fund
The Central Bank of Nigeria (CBN), has listed businesses and activities that are eligible to benefit from the Nigeria Youth Investment Fund…
Finance
Kishore Mahbubani predicts rise of Africa at Afreximbank’s Babacar Ndiaye Lecture
Professor Kishore Mahbubani, Distinguished Fellow, Asia Research Institute and Founding Dean of the Lee Kuan Yew School of Public Policy at the…
Finance
Sub-Saharan Africa mergers, acquisition totalled $16bn in the first nine months of 2020
Refinitiv has said that the investment banking analysis for the Sub-Saharan African for the first nine months of 2020showed that investment banking…
Finance
Positive sentiment buoys local Bourse… ASI Up 1.6%
The domestic equities market closed in the green on the back of positive sentiment surrounding the earnings results. Consequently, the NSE All-Share Index…
Finance
Nigerian Stock market sustains gain… ASI Up 0.7%
The local bourse extended the previous day's gain as a result of buying interest in GUARANTY (+2.0%), BUACEMENT (+1.2%) and UBN (+8.3%). Consequently,…
Finance
Fear, as insurance firms brace up for huge claims
There are palpable fear by firms and private individual whose properties were vandalised and looted by hoodlums if the insurance industry in…
Finance
Access Bank reaches out to businesses with N50bn interest-free loans
Access Bank Nigeria Plc. has said it is offering a N50 billion interest free facilities to support Nigerians and grants to support…
Finance
Sub-Saharan Africa remittances totalled $48bn in 2019
Diaspora remittance to Sub-Sahara Africa in 2019 totalled $48 billion according World Bank Group report. These are transfers from workers and other…