Wema Bank Plc said it would target a share placement or a public offer ahead of its forthcoming industry recapitalization order, which will target a share placement after the bank raised N40 billion i...
In the first two months of 2023, the Central Bank of Nigeria (CBN) has allocated N12.65 billion to the Anchor Borrowers Programme (ABP), a primary agricultural intervention initiative, according to Go...
Yesterday's domestic stock at the Nigerian Stock Exchange (NGX) sustained the second trading session of the year with a gain of N847 billion as investors bargained for United Bank for Africa (UBA) and...
It has been recently announced that an American business has been ordered by a US court to pay an arbitral award of £343,750.91 to BUA International Limited.The order was granted to Domtec Internatio...
At the end of the Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari on Wednesday at the Presidential Villa, Abuja, the minister of Finance, Budget and national planni...
As the year comes to an end and we step into a new decade, the Bank Of America Corp. has said that financial markets are set for a risk asset melt-up in the first quarter of this new dec...
Figures released have shown that the revenue generated by the Nigerian power sector grew in the past three months by 33.93%, to settle at N184.26 billion.In September 2020, the Presidential Power Sect...
In just reported second-quarter results, JPMorgan posted a $2.3 billion benefit from releasing $3 billion in loan loss reserves after the bank took $734 million in charge-offs. In the first quarter, t...
FCMB Group Plc, a leading financial services group in Nigeria, was established in 1977 and became a public limited liability company in 2004. The Group has its headquarters in Lagos and a presence in ...
Godwin Emefiele is a Nigerian banker, economist, and politician who served as the governor of the Central Bank of Nigeria (CBN) from June 4, 2014, to June 9, 2023, after he was suspended by President ...