Stock market posts N78bn loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due…
Sub-Saharan Africa growth to hit 3.4% in 2021 — World Bank
The World Bank says economic growth in Sub-Saharan Africa (SSA) is expected to rise between 2.3 percent and 3.4 percent…
Stanbic IBTC launch special product to encourage women in business
Stanbic IBTC is signing off on the International Women’s Month on a high note with the launch of a specialized…
CBN moves to dampen food prices….
By Osaze Omoragbon Following the surge in food prices in recent time, the Central Bank of Nigeria (CBN) is making…
Fintech Startup Bankly Secures $2m Seed Funding
The Nigerian fintech startup Bankly which is leading the digitalization the informal “thrift collections” system – known in local parlance…
Mobile money accounts grew to 1.2 billion in 2020 -GSMA
Mobile money is gaining ground as the number of registered mobile money accounts grew by 12.7 per cent globally in…
FG’s March bonds oversubscribed by N183.48bn, says DMO
Investors poured into the Federal Government’s bonds for March (worth N150bn) which were auctioned on Wednesday as they were oversubscribed…
Afreximbank to collaborate with NEXIM to support Nigeria’s exports
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a…
CBN retains benchmark lending rate amid high inflation
The Central Bank of Nigeria (CBN) has retained the policy rate at 11.5 per cent despite the country’s three-year high…
Guaranty Trust Bank to Acquire a Kenyan Bank
As part of efforts aimed at expanding its continental footprints, Nigeria’s biggest lender by market value, Guaranty Trust Bank (GTB)…