The naira appreciated slightly against the U.S dollar at the inter-bank market on Wednesday, after the CBN and some oil firms sold…
Finance
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Market Cap (N’bn) 6,626.81 Market Cap (US$’bn) 41.57 NSE All-Share Index 20,934.96 Daily Performance % 0.15 1 Week Performance % 3.36 YTD…
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UBA PLC said it is planning to raise fresh funds from the capital; market through private placement and a rights issue in…
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The naira weakened against the U.S dollar at both the inter-bank and CBN auction yesterday as demand for the dollar outstripped supply…
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Guaranty Trust Assurance Plc (GTAssur) unadited 9-month results for the period ended September 30, 2011. The insurer recorded a 38.5 per cent…
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The key driver in President Goodluck Jonathan’s transformation agenda is massive investment. This is why the ministries of Commerce and Industry were…
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Ecobank Nigeria Pls on Monday formally took over the operations and management of Oceanic bank International Plc sequel to its injection of…
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Central Bank of Nigeria CBN said weekend that it will sell dollars both directly into the market and at auctions, while it…
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By Omoh Gabriel Last week, the Group Managing Director of Access Bank, Mr. Aigboje Aig-Imokhuede had an interactive session with journalists in…
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When the Nigerian Bankers Committee muted the idea of a cashless economy, many thought it would be the global practice of financial…
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FinanceNews
Access Bank takes over Intercontinental, appoints new MD — To run as subsidiary for 12 months
By Omoh Gabriel Access Bank PLC has appointed a new Managing Director for Intercontinental Bank after it took effective control of the…
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By Omoh Gabriel The Nigeria Deposit Insurance Corporation has said that only three banks were in unsound condition in 2010. The NDIC…
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The Nigerian Economic Summit Group said its 2011 summit will be used to reinforce the need for “Attracting Foreign Direct Investment through…
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The naira touched a new all-time low in the inter-bank market and weakened at the central bank’s official window yesterday It depreciated…
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As a prelude to the commencement of a Cash less Lagos, the Central Bank of Nigeria has appointed four manufacturers for the…