Crisis at UBA as Ikpobe resigns as Deputy Managing Director
United Bank for Africa Plc (“the Bank”) has notified The Nigerian Stock Exchange of the resignation of Mr. Apollos Ikpobe,…
‘Naira exchange rate to be realigned’
The Standard Chartered Bank study has claimed that an increased flow of foreign investments into Nigerian government bonds would depend…
Vono’s stock now toast of the market
The share price of Vono Products Plc appreciated by more than 86 per cent in the past three weeks as…
NSE’s guidelines for online stock trading
The Nigerian Stock Exchange (NSE) has issued a seven-point guideline on the operations of online stock trading by individual investors.…
Nigeria rakes in N500 billion from mergers, acquisitions
The Securities and Exchange Commission (SEC) has disclosed that three mergers and 21 acquisitions took place in Nigeria in 2014.…
BoI to expand operations in Northern Nigeria
The Bank of Industry (BoI) is set to establish its presence in Kano, Niger and Gombe States. Rasheed Olaoluwa, managing…
More pressure on the Naira as US plans to increase interest rate
Financial experts are predicting another wave of Naira’s depreciation at the foreign exchange market, no thanks to the announcement by…
Ecobank gets new CEO
Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has announced the appointment of Mr Ade Ayeyemi as its…
Why banks are not funding fuel importation
The fear of jeopardizing assets and incurring non-performing loans due to absence of a clear-cut policy statement from the Federal…
CBN considers incentives for sustainable banking
Sets of incentives are on the way from the Central Bank of Nigeria for banks in the country to imbibe…