November 2023

The Alternative Bank prepares for Pan-African expansion

Nigeria’s largest ethical bank, The Alternative Bank (TAB) has taken steps to extend its reach beyond the shores of Nigeria with its hosting of an executive delegation from Banque Sahelo-Salarienne pour l’Investissement et le Commerce (BSIC), a Gambian bank. The…

Over 2,000 investors to attend NDIS 2023 — NIDCOM

Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa,  says over 2,000 participants have registered to take part in the sixth Nigeria Diaspora Investment Summit (NDIS) geared towards driving diaspora direct investments to Nigeria. Addressing a news conference in Abuja…

MeCure Industries to list on NGX’s Main Board

MeCure Industries Limited, a leading human pharmaceuticals and nutraceuticals manufacturing company will list 4 billion ordinary shares (4,000,000,000) on Nigerian Exchange Limited (NGX) by introduction at N2.96 per share. This is another major listing for NGX in the pharmaceuticals industry…

CBN borrowing to banks increases by 466% to N268.3bn

…Manufacturers’ debt to banks hit N6.98 trillion in June – CBN …Expert raises alarm over banks’ liquidity By Seun Ibiyemi Banks’ borrowings from the Standing Lending Facility (SLF) of the Central Bank of Nigeria (CBN) increased year-on-year (YoY) by 466…