Monday, May 6, 2024

What Jaiz Bank’s licence means for Nigeria

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Islamic banking has not gained full acceptance in every part of the country. In spite of this, Jaiz Bank is poised to take its...

Stocks rise; bonds, naira fall on CBN rate cut

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•Industrial stocks promising By Kelechi Mgboji Assistant Business Editor Stocks recovered last week from a nine-month low to gain 0.24 per cent to 27, 662 points on...

Stanbic IBTC Bank, SURE-PMCH partner on cash transfer

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Stanbic IBTC Bank, in partnership with the Subsidy Reinvestment and Empowerment Programme (SURE-P) Maternal and Child Health (MCH) Project, has launched Moni for my...

Bonds rise, stocks fall after Buhari’s win

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By Jeph Ajobaju, Chief Copy Editor A mixed reaction came out of Nigeria’s stock market on February...
Burial of Herbert Wigwe, wife, son underway in Isiokpo as Govs Fubara, Diri, others arrive for funeral service

Access Bank, 27 other international banks global banking principles project come alive Sept. 2019

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Zenith Bank, Keystone Bank endorse principles Following the development of the Global Principles for Responsible Banking by Access Bank...

Naira strengthens against dollar

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By Jeph Ajobaju, Chief Copy Editor Nigeria’s naira has gained strength against the dollar after the successful...

After the vote, Nigeria’s economy may dive south

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By Jeph Ajobaju, Chief Copy Editor Cheers over the 2.3 per cent growth in Nigeria’s Gross Domestic...

Apex bank’s new governance code empowers board to set transaction limit

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A new corporate governance code has empowered the board of directors of financial institutions to set limits of authority for large transactions and give...
CBN retains interest rate at 11.5 percent

Nigeria Economy lurches as Emefiele’s second term holds little promise

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By Ishaya Ibrahim Against many odds, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele,...

CBN, Citibank execute first naira-settled FX futures

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By Kelechi Mgboji Assistant Business Editor The Central Bank of Nigeria (CBN) and Citibank have executed the country's first naira-settled futures trade against the dollar, according...

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