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Category: Finance

Afreximbank, Woodhall Capital Host Workshop on Supply Chain Finance
FinanceNews

Afreximbank, Woodhall Capital Host Workshop on Supply Chain Finance

NEWS BAR NGApril 8, 2024April 8, 2024

Afreximbank and Woodhall Capital recently hosted a successful one-day workshop on Supply Chain Finance and Factoring in Nigeria. The event,…

Excess liquidity: CBN Raised N7.7tn via NTBs, OMO in Q1 2024
FinanceNews

Excess liquidity: CBN Raised N7.7tn via NTBs, OMO in Q1 2024

NEWS BAR NGApril 8, 2024April 8, 2024

Following its drive to tackle excess liquidity in the banking sector, the Central Bank of Nigeria (CBN), raised a whooping…

Naira Sustains Gain, Reaches N1255/$1 at Official Window, N1,245/$1 at Parallel Market  
FinanceNews

Naira Sustains Gain, Reaches N1255/$1 at Official Window, N1,245/$1 at Parallel Market  

NEWS BAR NGApril 5, 2024April 5, 2024

The naira yesterday  continued to gain against the dollar, at the official window while it maintained stability at the parallel…

Zenith Bank Named Nigeria’s Best Bank for Fourth Year at Global Finance Awards 2024
FinanceNews

Zenith Bank Named Nigeria’s Best Bank for Fourth Year at Global Finance Awards 2024

NEWS BAR NGApril 2, 2024April 2, 2024

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning…

CPPE Commends CBN’s Banking Recapitalisation Policy
FinanceNews

CPPE Commends CBN’s Banking Recapitalisation Policy

NEWS BAR NGApril 2, 2024April 2, 2024

The Centre for the Protection of Private Enterprise (CPPE) has described the move to recapitalise the country’s banking institution as…

At 39.84%, Nigeria’s Stock Market Offers Near Best Investors’ Return in Africa
BusinessFinanceNews

At 39.84%, Nigeria’s Stock Market Offers Near Best Investors’ Return in Africa

NEWS BAR NGApril 1, 2024April 1, 2024

At 39.84 per cent year-till-date (YtD) gain, the Nigerian stock market, in the first quarter of 2024, offered investors the…

SERAP Asks 36 Governors, FCT Minister to Account for N5.9tn, $4.6bn Loans
FinanceNews

SERAP Asks 36 Governors, FCT Minister to Account for N5.9tn, $4.6bn Loans

NEWS BAR NGApril 1, 2024April 1, 2024

THE Socio-Economic Rights and Accountability Project (SERAP) has issued a one-week ultimatum to Nigeria’s 36 state governors and the Minister…

CBN Sets New Hurdles for Banks, Raises Capital Thresholds to N500bn, N200bn, Others
FinanceNews

CBN Sets New Hurdles for Banks, Raises Capital Thresholds to N500bn, N200bn, Others

NEWS BAR NGMarch 29, 2024March 29, 2024

The Central Bank of Nigeria (CBN) yesterday announced new minimum capital requirements of N500 billion and N200 billion for commercial…

EIU Raises Nigeria’s 2024 Economic Growth Forecast to 2.5% on Rising Oil Output
FinanceNews

EIU Raises Nigeria’s 2024 Economic Growth Forecast to 2.5% on Rising Oil Output

NEWS BAR NGMarch 11, 2024March 11, 2024

The Economist Intelligence Unit (EIU) at the weekend revised Nigeria’s 2024 economic growth forecast figures from 2.2 per cent to…

Nwoko: FG Should Announce Naira as Only Legal Tender in Nigeria
FinanceNews

Nwoko: FG Should Announce Naira as Only Legal Tender in Nigeria

NEWS BAR NGMarch 7, 2024March 7, 2024

The Naira, the nation’s currency, has continued to depreciate with new records daily since the administration of Bola Tinubu decided…

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