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Tier-2 lender, Wema Bank Plc, is seeking to raise additional capital from sales of the right issue which allows existing shareholders to remove risk of shareholding dilution.

Golden oil funding Special Purpose Vehicle (SPV) plc is looking to raise N5 billion from series 1 asset back commercial paper, FSDH said in a sales pitch sent to clients.

Central parity rate of the Chinese currency renminbi, or the Yuan, weakened 11 pips to 7.1174 against the dollar on Tuesday, according to the China Foreign Exchange Trade System.

In its efforts to tackle illicit financial flows and corruption in Africa, the African Development Bank (AfDB) 

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the administration of President Bola Tinubu will account for revenue from oil.

The Federal Government says Nigeria is open, safe, willing, and ready for more Foreign Direct Investments (FDIs) and partnerships to engender wealth and national growth.

Nigeria needs to review its fiscal policy and embark on tax reforms to earn enough revenue to run the economy.

The Central Bank of Nigeria (CBN) says media reports listing banks as failing the Capital Adequacy Ratio (CAR) stress test for international authorisation are false and should be disregarded.

The Nigerian equities market gained more than N70 billion on the first trading session in the new week…

Gov. Yahaya Bello on Monday presented N258.2bn as Kogi state’s 2024 Appropriation Bill for approval by the state House of Assembly.