Opening the week, the local bourse rebounded by 0.60% to settle at 62,943.35 points. Investor interest in ZENITHBANK (+4.46%), GEREGU (+6.06%) and GTCO…
Finance
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Another High Court in Abuja has nullified the arrest, detention and interrogation of the Suspended Central Bank Governor (CBN), Godwin Emefiele, by…
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The Central Bank of Nigeria has revised itself and set new tenure limit for executive directors (ED). Deputy managing directors (DMD), and…
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Customers of Guarantee Trust Bank have been locked out of their app for more than 24 hours after the lender upgraded its…
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The Money Lenders Association (MLA) in Nigeria, has extolled efforts by Federal Government to sanitise the digital lending space via its move…
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In the last trading session of the week, the domestic bourse succumbed to sell pressure as the All-Share Index declined by 0.29%…
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Access Bank Plc (Access) and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and…
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EconomyFinanceNews
Tinubu seeks additional $800m loan from World Bank, after paying off $500m Eurobond
President Bola Tinubu is seeking additional loan of $800 million from the World Bank for the National Social Safety Net Programme after paying…
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The bears continued to dominate the local equities market as the NGX All-Share Index succumbed to a second successive loss, falling by 2.03%…
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EconomyFinanceNews
CBN stops Naira for dollar scheme, directs international money transfer operators to pay in Naira
The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to pay the Naira equivalent of dollars received through…
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Central Bank of Nigeria has said that Nigeria got a total of $952 million as direct remittances from Nigerians abroad between January…
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FinanceNews
Bank of America to pay customers $100m for ‘double dipping’ on fees, opening fake accounts
Federal regulators have ordered Bank of America to pay $100 million to customers for allegedly mistreating them with unfair fees, withholding credit-card…
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The domestic bourse succumbed to sell pressure as the All-Share Index shed 2.47% to close at 64,046.93 points, ending its five-day winning streak.…
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Today, the local equities extended gains for the fifth consecutive session as the All-Share index gained 1.65% to close at 65,669.29 points. Gains in…
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BusinessFinance
AVPA, Sterling One Foundation calls for applications for the Africa Social Impact Summit 2023 Deal Room
The Sterling One Foundation and the African Venture Philanthropy Alliance have announced the upcoming ASIS 2023 Deal Room, which will take place…