Browsing: Banking
Exchange Rate Falls over High Demand for Dollar The naira exchange rate depreciated at the Central Bank foreign exchange market…
GTCO, Stanbic Buoy Banking Index, Investors Gain N1.7trn Positive price movements in GTCO and Stanbic IBTC buoyed the Nigerian Exchange…
Nigerian Exchange (NGX) market capitalisation climbed near N124 trillion on Thursday as equities investors’ portfolio value surged by about N1.7 trillion.
Jaiz Bank Momentum Builds as Recapitalisation, Earnings Catalysts Reprice Stock Jaiz Bank Plc has emerged as one of the standout…
Money market rates fell as deposit money banks (DMBs) stepped up cash lodgment at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window, enhancing financial system liquidity.
BoI Secures CBN Approval to Operate Non-Interest Banking Window The Bank of Industry (BoI) has secured regulatory approval from the Central…
The Nigerian naira traded positively against the US dollar (NGNUSD) at the official window in the absence of demand pressures with the Apex Bank initiating reversed FX intervention to slowdown rally.
CBN Cuts 1-Year Treasury Bill Rate by 138bps, Rejects Bids The Central Bank of Nigeria (CBN) cut the spot rate…
Nigerian banks will continue to face asset quality challenges following the total forbearance shutdown by the Central Bank in 2025, S&P acknowledged in a new report.
FBNQuest Merchant Bank Rebrands as Quest Merchant Bank FBNQuest Merchant Bank has officially changed its name to Quest Merchant Bank…