Bank & Finance

Aug 19, 2018
The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The bank disclosed in its 2017 annual report adding…
Aug 18, 2018
The Naira gained 40k against the dollar at the end of Friday trading, exchanging at N359.6 stronger than N360 traded on Thursday.   The Pound Sterling and the Euro closed…
Aug 17, 2018
Cryptocurrencies are now one of the most talked about technological shifts of recent times, with new companies announcing regularly that they are either going to start accepting them for their…
Aug 14, 2018
The nation’s debt profile has risen to N22.38 trillion within the last six months, the Debt Management Office (DMO) has said. The current debt profile indicates 3.01 percent increase from…
Aug 13, 2018
At the end of last week’s trading, the NSE All-Share Index depreciated by 2.89 per cent, while the market capitalisation dipped by 2.86 per cent to close at 35,446.47 points…
Aug 13, 2018
The Central Bank of Nigeria (CBN) has granted N14.9 billion loan to the North East Commodity Association (NECAS), on the platform of its Anchor Borrowers’ Programme (ABP). Alhaji Sadiq Deware,…
Aug 11, 2018
Some Nigerians have decried the widespread circulation of mutilated naira notes in the country and called on the Central Bank of Nigeria (CBN) to reverse the trend and ensure better…
Aug 10, 2018
Cryptocurrency addiction is a very real illness that’s believed to be affecting thousands of people within the United Kingdom. Cryptocurrency addiction is a complicated form of gambling addiction. Cryptocurrency addiction…
Aug 10, 2018
Tokyo stocks opened lower on Thursday, dragged down by a higher yen and caution ahead of Japan-US trade talks. The benchmark Nikkei 225 index dropped 0.26 percent or 58.27 points…
Aug 04, 2018
The World Bank on Friday expressed its willingness to provide technical support to Nigeria in critical areas to facilitate the country’s economic growth and development.   The bank’s Vice President…
Aug 03, 2018
Acting President, Prof. Yemi Osinbajo, says the Federal Government is working towards providing Micro, Small and Medium Enterprises(MSME) a credit facility of N2 million to N10 million without collateral. Osibanjo…
Aug 03, 2018
Sterling Bank Plc, has reported a 63.4 per cent surge in net profit for the first half (H1) ended June 30, 2018.   The lender reported a Profit After Tax…
Aug 03, 2018
The Listing of 1.612 billion ordinary shares of Notore Chemical Industries, on the Nigerian Stock Exchange (NSE), yesterday, triggered renewed bargain hunting by investors, as the market capitalisation rose by…
Aug 03, 2018
The quick passage of a bill on factoring in Nigeria, is a crucial step in facilitating the ease of doing business, and procuring the trust of investors in the country,…

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