Nigeria may retain current forex policy
By Jeph Ajobaju, Chief Copy Editor
Abuja says the policy of multiple exchange rates for...
Zenith posts N50.234b profit in first quarter 2019
Smarting from its impressive 2018 report that was presented recently, Zenith Bank Plc has again recorded a profit after tax of N50.234...
Nigeria’s N24.39tr debt worries IMF
THE International Monetary Fund, IMF, on Tuesday, expressed worry over Nigeria’s ability to repay its foreign debt which had continued to rise.
Zenith Bank declares N232b profit in 2018, pays N2.80k dividend per share
Z
Zenith Bank, a leading Nigeria financial institution has announced an impressive result for the year ended December 31,...
Rewane quits FCMB Group Bank Board
Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has exited from the board of FCMB Group Plc.
Naira strengthens against dollar
By
Jeph Ajobaju, Chief Copy Editor
Nigeria’s
naira has gained strength against the dollar after the successful...
Bonds rise, stocks fall after Buhari’s win
By
Jeph Ajobaju, Chief Copy Editor
A
mixed reaction came out of Nigeria’s stock market on February...
CBN boosts foreign exchange market with $210m
The Central Bank of Nigeria (CBN) has injected $210million into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange...
Access Bank issues first corporate green bond in Africa
Africa’s leading financial institution, Access Bank Plc is set to issue the first corporate green bond in Africa.
The...
Nigeria’s inflation rate moderates to 11.37% in January
The National Bureau of Statistics (NBS) Friday released Nigeria’s inflation report for the month of January 2019.
