Mr. Adekunle Adewole has resigned as the Managing Director of LivingTrust Mortgage Bank.His resignation was announced in a corporate notice that was filed with the Nigerian Exchange Limited, where the...
The Central Bank of Nigeria recently announced that it has successfully cleared the backlog of foreign exchange owed by foreign airlines. The apex bank said it has successfully removed all verified cl...
On Monday, the naira fell to N1348.63/$ at the Nigerian Autonomous Foreign Exchange Market. The decline shows a 51.21% drop from how the N891.90/$ traded last Friday at the official market. This data ...
The Central Bank of Nigeria (CBN) has announced the disbursement of $500 million to different sectors of the economy to follow up on its recent payment of over $2 billion to clear outstanding debts in...
Recent data has revealed that there has been a significant decline in foreign investors who are interested in Nigerian stocks, which has been in for six consecutive years. The data shows the considera...
The World Bank, in its recent prediction, has revealed that Nigeria's gross domestic product (GDP) will increase by 3.7% in 2025.The World Bank made this known in its latest report titled "Global Econ...
Abbey Mortgage Bank Plc has announced that it's worried about the high non-performing loans in the mortgage industry.This announcement was revealed by Mobolaji Adewunmi, the Director of the Bank, on T...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SNFVKI4XDZJGFFGX64JCDE4R5M.jpg)
Access Bank Plc's recent statement revealed that it has signed an agreement with Uganda's Finance Trust Bank (FTB) to buy shares currently held by FTB's Institutional Shareholders who have agreed to e...
On Wednesday, the Central Bank of Nigeria (CBN) announced that it had successfully distributed $2 billion across key sectors, including aviation, manufacturing, and petroleum, to settle the backlog of...
Wema Bank Plc has announced its Profit Before Tax as it shows that it rose 130% to N21.76bn at the end of Q3 2023 which settled at the corresponding year which stood as N9.46bn in 2022.The breakdown o...