Interbank Rates Drop amidst Rising System Liquidity Interbank funding rates dropped further yesterday, as financial system liquidity opened higher at…

Nigerians to Pay More for Petrol as Oil Prices Rise

Recapitalisation: AIICO Insurance ₦3.5 billion Right Issues Opens AIICO Insurance is offering ₦3.5 billion worth of rights issue to its shareholders…

UBA: High Cost, Impairment Charge Drag Earnings Performance United Bank for Africa, UBA, reported a mild growth at the topline…

Naira Gains as Traders Reduce FX Exposure ahead of CBN Auction. Naira appreciates Tuesday as currency traders reduce exposures ahead of the Central Bank of Nigeria weekly intervention sales resumption starting on September 07, 2020.

Savings Deposit Rate Cut to Relief Banks Funding Pressure. Analysts have said that the reduction in savings deposit rate will provide a momentary relief for Nigerian banks amidst earnings pressure.

Guinness Nigeria Stock Cuts to Neutral as Impairment Losses Damage Earnings

MAYBAKER: Earnings Growth Signals Better Value for Shareholders Analysts say May and Baker (ticker: MAYBAKER) earnings growth signal better value…

IFC Supports Engee Limited with $39 million to Build PET Resin Plant IFC today announced a $39 million financing package…

NSE Sustains Bullish Trend for Second Months