Nigeria's Guaranty Trust Bank intends to acquire a Kenyan lender in a bid to further expand its operations on the continent. GTBank, one of the most valuable banks in Nigeria, also happens to be ...
On Thursday, the All-Share Index moved by 0.53 percent (207.86 points) to 39,293 from the 39,085 it was on the previous day. This reduces the monthly and yearly losses to about 1.3 percent and 2.4 per...
The Nigerian Stock Market All Share Index ended March with a negative return of 0.91, reversing back-to-back advances in January and February. This is also the fifth year in a row that the stock m...
On Wednesday, Credit Suisse posted a huge second-quarter loss as its earnings were severely impacted by the results of its investment bank and growing litigation provisions. The bank also an...
Records show that Nigerian banks have borrowed N12 trillion from the Central Bank of Nigeria (CBN) in the past eight months. The CBN data showed that money borrowed from the apex bank from January to ...
Excess cash in banks is set to rise as a result of the N1 trillion inflow This month, liquidity inflows of N1.02 trillion will flood the interbank money market, adding to the amount of excess cash ...
Getting a job is always a great relief to so many, but not finding the right job can make one almost give up. There is a whole lot of ongoing recruitment in Nigeria 2022 that you can check out to star...
It was reported that the Naira declined in the Nigerian Autonomous Foreign Exchange Market (NAFEM). As of yesterday, Nigeria's official exchange rate window closed at N1,035.12/$ compared to Tuesday w...
After weeks of lifting restrictions on banks operating accounts for virtual assets such as cryptocurrencies, the Central Bank of Nigeria (CBN) has said there will be no cash withdrawals on accounts li...
In recent weeks, the Central Bank of Nigeria (CBN) has taken an essential step towards strengthening the durability and stability of the nation's banking sector with its most recent revision of the mi...