The board of directors of Fidelity Bank Plc has appointed Alhaji Isa Inuwa as an independent…
Money Market
Foreign reserves declined by $4.47bn in 2019
Nigeria’s external reserves recorded a decline of $4.47bn from $42.54bn as of the beginning of 2019…
FG offers savings bonds to investors
The Federal Government, on Tuesday, offered a two-year and three-year savings bonds for subscription. The Debt…
Coronation Merchant Bank appoints new MD
The Board of Directors of Coronation Merchant Bank Limited has announced the appointment of Banjo Adegbohungbe …
Senate confirms Dr. Kingsley Obiorah as CBN Deputy Governor
The Senate on Thursday confirmed the appointment of Dr Kingsley Obiorah as deputy governor of the…
Union Bank sells UK subsidiary
Union Bank of Nigeria has entered a share sale and purchase agreement to divest its 100…
Zenith, UBA announce approval of audited accounts and final dividend
The boards of directors of two of Nigeria’s five largest banks- Zenith Bank and United Bank…
Fiscal Deficit hits N4.62tn in 2019- CBN
The Federal Government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal…
Wema Bank Partners BOA to Ease Trade Services for Customers across Africa
Wema Bank, Nigeria’s leading innovative bank, is deepening pan-African trade services for its customers through its…
Zenith Bank partners Facebook on SME digital workshop
Zenith Bank Plc has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs)…
Ecobank partners NIRSAL promote agric lending
Ecobank Nigeria Limited will be partnering the Nigeria Incentive-based Risk-Sharing System for Agricultural Lending (NIRSAL), United…
CBN maintains MPR at 13.5%, raises CRR to 27.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Cash Reserve…
Central Bank of Nigeria appoints new directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors. A…
Union Bank to raise N20 Billion in Series 3 and 4 Commercial Paper
Following the successful registration of its N100 billion Commercial Paper Programme in 2018, Union Bank of…
First Bank supports education with N1bn
First Bank of Nigeria Limited has supported educational institutions in the country with over N10bn loans…
Foreign exchange inflow rose to $9.84bn –CBN
Cumulative foreign exchange inflow into the economy amounted to $9.84bn in November 2019, showing an increase…
Access Bank establishes subsidiary in Cameroon
Access Bank has notified the Nigerian Stock Exchange of its intention to establish a subsidiary in Cameroon,…
Nigeria debt service hits $1.31 billion
Data obtained from Central Bank of Nigeria (CBN) showed that Nigeria spent $1.31 billion to service…