Central Bank of Nigeria has raised its main lending rate by 25 basis points to 18.75%, less than expected, in a decision…
Finance
-
-
Extending its winning streak for the fourth consecutive session, the Lagos bourse maintained the positive momentum as the benchmark index closed 1.11%…
-
The local bourse opened the week on a positive note, extending gains from the previous session as the All-Share Index closed 0.41%…
-
Federal Competition & Consumer Protection Commission has said it will enforce and prosecute mobile money, bank agents in Nigeria who are involved…
-
The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, said it has secured the conviction of five undergraduates of…
-
FinanceNewsStock Market
ZENITHBANK, GTCO, STANBIC push NGX All-Share Index higher gains of 3.89% w/w
Closing the week, the Nigerian equities ended on a positive note as the All-Share Index closed 1.68% stronger to settle at 65,003.39…
-
Ecobank has called on Small and medium Enterprises (SMEs) as well as large businesses in the country to onboard on its Single…
-
The Lagos bourse rebounded after yesterday’s pullback as the benchmark Index gained 0.27% to close at 63,930.72 points. Gains in ZENITHBANK (+0.16%), GEREGU (+5.71%), and GTCO (+0.57%)…
-
BusinessFinanceNews
FCCPC delists resurging illegal digital money lending apps from Google apps store
Federal Competition & Consumer Protection Commission (“Commission”) has said that it uncover new tricks by fake digital money lender to swindle unsuspecting…
-
Fidelity Bank, at the current share price ₦7.30 said it plans to raise its share capital to ₦22.6bn via a combination of…
-
After a brief respite in 2021, African banks endured another difficult year in 2022. Rising interest rates and the strength of the…
-
Ecobank Nigeria Limited says it will appeal a judgement by the Federal High Court in Lagos, presided over by Hon. Justice Liman,…
-
EconomyFinanceNews
Nigerians paid N13.8bn as Electronic money transfer levy in February 2023 as 3 tier of govts shared N1.03trn—NBS
National Bureau of Statistics has said that Nigerian paid a tax of N13.80 billion from Electronic Money Transfer Levy (EMTL) in February…
-
FinanceNewsStock Market
BUACEMENT declares a final dividend of ₦2.80 per share as Bulls hold sway… ASI up 131bps.
Buacement has declared a final dividend of N2.8 per share as the Stock Market closed in the green and the NGX-ASI rose…
-
Britain’s export finance agency will add the Naira to its list of “pre-approved currencies” for financing transactions. This will enable the agency…