President Muhammadu Buhari has written the Senate, seeking for the screening and subsequent confirmation of new members of the board of the…
Category:
Finance
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Central Bank of Nigeria Monetary Policy Committee has raised its benchmark monetary policy lending rate by 50 basis points to 18 per…
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Moody Rating Agency has said its study that recent events in the United States of America have cast a spotlight on risks…
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FinanceNewsStock Market
Custodian Investment Plc pays ₦0.55k per share final dividend as Bears reopen Week
Custodian Investment Plc is paying a final dividend of ₦0.55k per ₦0.50k share for FY:2022, which brings the total dividend for FY:2022…
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Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a…
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Credit Suisse and First Republic Bank shares came under renewed pressure on Friday despite multi-billion dollar support deals, while a source said…
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Last Friday, the biggest failure of a US bank since the global financial crisis was playing out in real time as a…
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In the last trading session of the week, the Nigerian equities traded with mixed sentiments as the All-Share Index closed flat at 54,915.39 points.…
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EconomyFinanceNews
U.S. bank stocks turn green on report that Morgan Stanley, JPMorgan may help ailing First Republic raise capital
Stocks move into positive territory on report of a potential capital infusion for First Republic, as the health of the U.S. banking…
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Extending its losing streak for the fifth successive session, the domestic bourse ended lower as the benchmark Index tumbled by 1.04% to settle…
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Bearish sentiments drove the domestic bourse today as the NGX All-Share Index closed 0.42% lower to 55,490.20 points, marking its fourth successive session…
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The bears continued to dominate the Lagos bourse as the benchmark index gave up 0.12% to close at 55,722.90 points. Sell pressures in GTCO…
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EconomyFinanceNews
Banks cut PTA/BTA to $2,000 per quarter, student upkeep $1,500, school fees $7,500
As foreign exchange crunch in the country bites harder, Monetary authorities in the country have cut down on the amount individual can…
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State regulators closed New York-based Signature Bank on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered…
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MTN Nigeria Communications Plc (“MTNN” or the “Company”) today informed the investing public of the successful allotment of incentive shares to qualified…