Undervalued Stocks, Yields on Long-term FGN Bonds Attract FPAs, Stake N12.4tn
Data from the National Pension Commission (PenCom) has revealed that the pension industry’s Net Asset Value in the Nigerian stock…
Category: Finance
CBN Suspends Charges on Cash Deposits above N500k
In a move aimed at providing temporary relief to bank customers and easing cash crunch, the Central Bank of Nigeria…
Access Bank UK Receives Approval to Commence Operations in Hong Kong
In a significant milestone towards realising its five-year strategic plan, Access Bank UK, the wholly owned subsidiary of Access Bank PLC has…
Concerns Mount over Naira’s Free Fall Against US Dollar
There was growing frustration over the continued depreciation of the naira against the dollar at the weekend, with the local…
Afreximbank’s President, Oramah Emerges FORBES Africa’s 2023 Person of the Year
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, yesterday, in Cairo received the FORBES AFRICA magazine 2023…
Cardoso Approves New CBN Service Charter
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday approved the reviewed Service Charter of the…
Naira Depreciates by 80.81% YoY Amid CBN FX Unification
Following the unification of foreign exchange (FX), by the Central Bank of Nigeria (CBN), the value of naira against the…
Zenith Bank Signs MoU with CFA Institute to Develop Finance, Investment Professionals
Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the Chartered Financial Analyst (CFA) Institute to promote efforts…
36 states, FCT, has outstanding liability of N1.72TN
Wunmi Semudara The state house in the aftermath of the National Economic Council, has revealed that thirty-six states of the…
CRISIS AND FLYING COURT ORDERS: IS WIKE ACTUALLY IN CONTEMPT?
By Adekola Omoluabi with additional reports from Bamidele Akinola Ogundana The controversy bugging the FCTA-owned company, Abuja markets management Limited…