Wema Bank PLC said it has paid off the N50 billion loans it took from the CBN. The bank’s Chief Finance Officer…
Finance
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The Financial Stability Report for 2016 financial year released by the Central Bank of Nigeria for December 2016 suggests that three out…
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The Central Bank of Nigeria (CBN) on Thursday, April 6, 2017, offered the sum of $100 million to authorised dealers at the…
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Gene Leon, Head, International Monetary Find, IMF office in Nigeria has said that the naira is overvalued by 10 to 20 per…
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Market Cap (N’bn) 8,911.6 Market Cap (US$’bn) 29.1 NSE All-Share Index 25,755.18 Daily Performance % 1.1 Week Performance % 0.9 YTD Performance…
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The Central Bank of Nigeria (CBN) in its bid to sustain supply of liquidity to the foreign exchange market, has made a…
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By Christine Lagarde In 1789, the U.S. Constitution came into force, reminding everyone to this day that government exists to serve its…
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No Nigerian bank, featured in the top 10 position in this year’s 100 top Africa banks released Wednesday by the Banker magazine.…
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FMBN, Real Estate Developers Association of Nigeria (REDAN) and Shelter Afrique have form partnership to develop affordable housing in Nigeria. The trio…
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Skye Bank Plc at the weekend, rewarded more customers in the second draw of its ‘Reach for the Skye’ Millionaire reward promo…
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UK Supreme Court has granted Nigerian National Petroleum Corporation NNPC over $100 million relief. NNPC management said it got the reprieve in…
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BusinessEconomyFinanceNews
Toshiba seeks new loan, offers memory chip unit stake as collateral: sources
Toshiba Corp has asked creditor banks for a new loan and offered as collateral a stake in its memory chip unit that…
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United Bank for Africa (UBA), Africa’s Global Bank operating in 19 African countries said it has promoted 3,000 staff members, reinforcing its…
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–boosts forex supply by $240m …$150m for wholesale auction …$90m for BTA, PTA, medicals, etc. …Adjusts $10,000 BDC sale to Tuesdays only…
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DEPUTY Senate President Ike Ekweremadu has said that volatile exchange rate killing industries, small and medium enterprises SMEs in the country, He…
