Ending an almost perfect week, Nigerian equities closed the day 0.89% stronger, bringing the All-Share Index to settle at 52,512.48 points, the…
Finance
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EconomyFinanceNews
BoI clears air on NG-CARES disbursement, programme implementation, receives over 1m applications from MSMEs
The Bank of Industry (BOI), has clarified its position on the implementation and disbursement of grants under the Nigeria COVID-19 Action Recovery…
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The spectacular crash in Elon Musk’s net worth, during which the tech billionaire lost his title as world’s richest man last month,…
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Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from…
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Equities on the Lagos bourse edged higher today as the benchmark index advanced by 0.62% to close at 52,048.85 points, the highest…
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(Reuters) -Crypto exchange FTX has recovered more than $5 billion but the extent of customer losses in its collapse is still unknown,…
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(Reuters) – Sweden’s central bank expects to report a loss of 81 billion Swedish crowns ($7.72 billion) for 2022 due primarily to…
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The Lagos bourse rebounded after yesterday’s pullback as the benchmark Index gained 0.55% to close at 51,729.87 points. Gains in index heavyweight,…
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Two former employees of Access Bank Plc named Agbo John Agama and Edoh Steve have been jailed after they used a primed…
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Today, Nigerian equities erased most of yesterday’s gains as the benchmark index shed 0.49% to close at 51,448.53 points. The market’s loss was primarily…
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Britain’s financial watchdog has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3 million) for what it said…
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The Stock Market opened this Week on a positive note as the benchmark index advanced by 0.93% to close at 51,700.36 points.…
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EconomyFinanceNews
Zenith Bank joins others to suspend international transactions on Naira ATM cards
Zenith Bank is the latest Nigeria bank to suspend international transactions on Naira cards. Zenith Bank in a note to customer said…
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The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was…
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EconomyFinanceNews
Embrace cashless policy, NFIU warns MDAs, States, LGC against huge cash withdrawals
The Nigeria Financial Intelligence Unit (NFIU) has warned the public and private entities against massive cash withdrawals. The Director and Chief Executive…