By Kayode Tokede Across the foreign exchange market, the naira traded flat against the dollar at N394.13 at the Investors & Exporters Foreign Exchange (I&E FX) window in its week-on-week (wow) performance but weakened by 0.6per cent to N480.00 against…
By Kayode Tokede FBN Holdings Plc has announced the appointments of Mr Seni Adetu and Mrs Juliet Anammah as Independent Non-Executive Directors. The company also appointed Mr Otu Hughes as a Non-Executive Director. Dr Oba Otudeko, Group Chairman of FBN…
MoneyCentral Media Limited has launched its print publication in addition to its online news, analysis and data platform, www.moneycentral.com.ng. MoneyCentral focuses on the most authentic financial and business news, research and data analytics, as well as a forum with a…
By Kayode Tokede Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-’ with a Stable Outlook, Viability Rating (VR) of ‘b-’ and National Long-Term Rating of ‘BBB (nga)’. The report, released Thursday, noted…
By Kayode Tokede Naira depreciated by 0.02 per cent to N394.33 against the dollar at the Investors & Exporters Foreign Exchange ( I & EFX) window on Thursday. The local currency closed down by 1.21per cent and 1.38 per cent…
By Kayode Tokede The Board of Directors of Zenith Bank Plc has approved the Group Audited Consolidated & Separate Financial Statements for the year ended December 31, 2020 and the payment of a final dividend, subject to the approval of…
By Kayode Tokede Naira at the parallel market appreciated by 0.42per cent to close at N487 against the dollar on Wednesday. The naira also closed up by 0.85per cent against the euro at N580 and closed flat at N650 against…
By Kayode Tokede Union Bank of Nigeria (UBN) Plc has debunked Atlas Mara sales of 50 per cent stake of its shares An online platform had reported that the holder of the biggest stake in UBN is contemplating its future…
By Kayode Tokede The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and small corporates in the country. He pointed out…
With the African Continental Free Trade Area now in force, the opportunities for SMEs to expand and grow are boundless. Information is key to unlocking all the benefits inherent in this agreement to Nigeria businesses. Wema Bank is holding a…
