A negative trend dominated the NGX as sellers outnumbered buyers. The market dropped by 43.58 points to close at 67,335.3, indicating the…
Finance
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Minister of Power, Adebayo Adelabu, has said that the African Development Bank (AfDB) will provide $250 million to support the Nigerian Electrification…
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The local bourse bounced back today, paring previous session losses, as the benchmark Index surged 0.98% to close at 67,414.40 points. Renewed…
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The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic level, according…
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Today, the domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.80% to close at 66,760.20 points. Bearish…
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United Bank for Africa (UBA) has reported a profit before tax of N404 billion, representing an increase of 371 per cent, when…
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President and Chairman of the Board of Directors of ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has been…
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African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the half…
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Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139%…
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The Moroccan government wants to proceed with International Monetary Fund-World Bank annual meetings scheduled for October in Marrakech despite Friday’s devastating earthquake,…
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ZENITH said it has approved an interim dividend payment of ₦0.50 per share, with payment date slated for September 29th, 2023 to…
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FinanceNews
US IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes
The united States Internal Revenue Service IRS, said it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business…
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Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42 billion recorded in H1’22…
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Closing the week, the domestic bourse ended the session on a positive note, bringing the All-Share index up by 0.09% to close…
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EconomyFinanceNews
Gov. Soludo signs $200m debt financing MoU, to support development of Anambra state, with Afreximbank
African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MOU) with Nigeria’s Anambra State Government to collaborate on state development efforts…