Monthly Archives: March, 2023
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Naira Skids as FX Reserves Fall by $1.1bn in 24hrs
Following more than $1.1 billion outflow in 24 hours, the Nigerian local currency, the Naira depreciated
UBA Grows EPS by 43%, Raises Dividend
Pan-African lender, United Bank for Africa Plc (UBA) bolstered earnings performance and the group has raised
9 Sovereigns Defaulted on Debts since 2020 –Fitch
Amidst rising global debts, there have been 14 separate default events since 2020, across nine different sovereigns
Stock Market Swells as MTN, Oando Rally
The equities segment of the Nigerian Exchange (NGX) extended bullish performance following bargain-hunting
First Bank Chief, Others Charged with Forgery
The Federal Government has filed charges against First Bank of Nigeria Limited, its managing director
