…Says action will boost capital market growth By Sodiq Adelakun The Institute of Chartered Accountants of Nigeria has said that the exchange rate unification will generally...
The Central Bank of Nigeria (CBN) has urged Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs) in the country to be take counter security measures...
Leading provider of credit ratings, commentary and research for global capital markets, Fitch Ratings has predicted an increase in Ecobank Nigeria Limited’s National Ratings. The organization...
By Philemon Adedeji The Nigerian Equity market saw an increase of N270.24 billion as trading activities closed with a positive sentiment from investors. The All-Share Index...
By Sodiq Adelakun One dollar is currently trading at an average rate of N792.50 at the parallel market, also known as the black market. In some...
A member of the Monetary Policy Committee, Adeola Adenikinju, has highlighted the urgent need for Nigerian banks to reduce their operating costs in order to improve...
By Sodiq Adelakun The foreign exchange (FX) market opened on Wednesday with naira depreciating by 0.38 per cent against the dollar at the parallel market. The...
Sterling Financial Holdings Company Plc has notified the Nigerian Exchange Limited, shareholders, and the investing public of the appointment of new directors to its Board. The...
A fintech company operating in Nigeria and the United Kingdom, Kuda Bank, has launched a multichannel campaign to increase the awareness of cashless payment options in...
By Sodiq Adelakun Amid liquidity crunch in the banking sector, banks in Nigeria are increasingly relying on the Central Bank of Nigeria, CBN, for liquidity as...