Browsing: Banks

The market value of Airtel Africa Plc spiked by about 30% to N6.727 trillion as the market downplayed…

Gov. Umo Eno of Akwa Ibom has approved N450 million counterpart fund for the Nigeria For Women Project, a World Bank project targeted at empowering the women

The Nigerian naira is clawing back losses from the alternative FX market, according to data obtained from Binance and other P2P platforms. Today, pressures in the open market have also eased.

The Central Bank of Nigeria (CBN), has assured Nigerians that there is an adequate supply of Naira notes in the economy.

The Nigerian Deposit Insurance Corporation (NDIC), said it has paid N16 billion in liquidation dividends to depositors, creditors and shareholders of banks in liquidation in the past 20 years.

Naira Mixed as Banks Receive US Dollars from CBN The naira moved in different directions on Thursday in the foreign…

The Nigerian Exchange (NGX) shed more than N296 billion on Thursday due to a negative shift in market sentiment.

The Bank of England (BoE) Thursday kept rates on hold for a second consecutive meeting and, barring some major unpleasant surprises in the data between now and Christmas, it’s fair to say the tightening cycle is over, said ING.

Amidst Nigeria’s foreign exchange crisis, the apex bank said it has started to clear outstanding foreign currency forwards owed to deposit money banks.

Benchmark yield on Nigeria’s US dollar bonds or Eurobond ticked up midweek as foreign investors…