International Monetary Fund Directors have said that while the supposed potential benefits from crypto assets have yet to materialise, significant risks have…
Category:
Finance
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The Supreme Court has adjourned hearing on the Naira redesign suit to Wednesday, March 3, 2023. The Court, had on February 8,…
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The local bourse bounced back today, paring the prior session’s loss, as the benchmark Index closed 0.23% higher to settle at 54,315.53 points.…
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EconomyFinanceNews
Why Buhari borrowed N2.13trn in 2months, FGN savings bond records N45bn subscription —DMO
Debt Management Office, DMO has given reason why the Buhari led Federal Government borrowed N2.13 trillion in the first two months of…
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Ratings agency Fitch on Tuesday downgraded Ghana’s long-term foreign-currency issuer default rating to ‘restricted default’, after the country missed the grace period…
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The Lagos bourse rebounded after the previous sessions pullback as the benchmark Index gained 0.78% to close at 54,224.35 points. Renewed interest…
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The rapid growth of mobile money technology has disrupted the financial sector in Sub-Saharan Africa, fuelling social-economic transformation in many countries and…
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Civil Society Legislative Advocacy Centre, CISLAC, and other 38 Civil Society Organisations, CSOs, has called on the Federal Government to obey Supreme…
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Three banks branches in Sagamu were torched on Monday as protest over scarcity of new Naira notes rocked the Sagamu area of…
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TAJBank, a fast growing non-interest financial institution has reiterated its commitment to deepen and sustain its penetration across the geo-political zones across…
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Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs Josephine Anan-Ankomah as the Regional Executive, Central, Eastern and Southern African (CESA)…
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EconomyFinanceNews
Developing countries’ debt troubles in focus at G20 talks, says Germany’s Lindner
The outlook for the global economy and the situation of highly indebted countries will be the main topics of discussion at the…
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FinanceNews
CBN says it has not authorise banks to collect old N500, N1,000 notes, but UBA says it accepts old notes
Central Bank of Nigeria, CBN has described as fake news that it has authorised banks to begin to collect N500, and N1,000…
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In the week’s final trading session, the Nigerian equities ended its four-day winning streak as the benchmark index relapsed by 1.31% to close…
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Activity on the Lagos bourse was mixed, albeit with a bullish tilt as the benchmark index closed marginally higher (+0.02%) at 54,520.20…