Browsing: Banks

The Securities and Exchange Commission (SEC), says its guidelines on banking recapitalisation has made the process more transparent and easily accessible

Multilateral development banks (MDBs) announced today that their global climate finance reached a record high of $125 billion in 2023.

Naira Falls to N1,544 as Huge FX Gap Stirs Currency Speculation The Nigerian naira fell by 28 basis points against…

The average on Nigerian Treasury bills increased in the secondary market as investors continued to dump the short term borrowing instruments. Investors’ moods swung due to sustained spot rates decline at the primary market.

Due to lapse control, Nigerian Banks lost huge amount to fraud and forgeries as actors double down actions targeted at defrauding local lenders. 

Money Market Rates Jump as Financial System Liquidity Falls Money market rates worsened as liquidity balance in the financial system…

Oil Hits 2021 Low as China’s Imports Fall by 7% Oil prices stayed below $70 per barrel in the global…

The Economic and Financial Crimes Commission (EFCC), says it will soon commence the prosecution of banks and their top officials for financial frauds.

NUPRC Secures over N60bn, $100m for Host Community Development The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has successfully…

Nigerian banks and foreign portfolio investors (FPIs) stake huge bets totalling N1.6 trillion on OMO bills at the two primary market auction conducted by the