News

In 2024, it completed four banking acquisitions in Angola, Sierra Leone, Tanzania and Zambia; closed deals to buy out three banks in Kenya, Mauritius and Uganda and secured a go-ahead to set up a ...
The naira closed flat on Tuesday at the official foreign exchange (FX) market following an improvement in liquidity.
Nigeria’s official exchange rate crashed to N1,600/$1 at the end of trading on April 4, 2025, as Trump-era tariffs continued ...
The stock market yesterday commenced the trading week on a negative note as investors profit-taking in Nestle Nigeria Plc and 23 others dragged the Nigerian Exchange Limited All-Share Index (NGX ASI) ...
As Nigeria’s capital market closed the first quarter of 2025 on a bullish note, a number of influential women stood ...
The Nigeria Deposit Insurance Corporation, NDIC, says it would begin the payment of the first tranche of liquidation ...
The Nigeria Deposit Insurance Corporation has announced plans to pay the first tranche of liquidation dividends to depositors ...
Also, the average prime lending rate to bank customers in Nigeria closed 2024 at 18.56 per cent, the highest point since 2010 as MPR last year gained momentum. CBN revealed that the average prime ...
The Nigeria Deposit Insurance Corporation has ... “I therefore urge depositors of closed banks, particularly Heritage Bank, who have not yet received their payments, to come forward and provide ...
Heritage Bank’s operating license was revoked in June 2024, and the Nigeria Deposit Insurance Corporation took over its ...
The Nigerian equities market yesterday recovered from the previous sessions’ losses with a gain of N19 billion on investors’ ...
President Donald Trump's new tariffs sent shockwaves through global financial markets on Thursday, with the dollar and U.S.