CBN Puts Real Sector Intervention Spending at N1trn, ABP N798bn
CBN Puts Real Sector Intervention Spending at N1trn, ABP N798bn Central Bank of Nigeria (CBN) has put the real sector intervention spending at N1 trillion while the apex bank said…
FSDH SPV Bonds Rating Upgraded to BBB, Outlook Stable
FSDH SPV Bonds Rating Upgraded to BBB, Outlook Stable GCR Ratings has upgraded the national scale long-term issue rating of FSDH Funding SPV Plc.’s Series 1 Tranche A Bonds to…
Six Months Treasury Bills Auction in U.K Sees Highest Yield
Six Months Treasury Bills Auction in U.K Sees Highest Yield A weekly auction of British government six-month Treasury bills – a form of short-term debt – saw the highest yield…
Stock Market Ends Week with More than N40bn Gain
Stock Market Ends Week with More than N40bn Gain The Nigerian stock market ends this week with a total of N40.42 billion gain, recording improved year to date returns as…
Unity Bank Plc Sees Double-Digit Earnings Growth
Unity Bank Plc Sees Double-Digit Earnings Growth Nigerian lender, Unity Bank Plc has declared gross earnings of N36.18 billion for the nine-month period ended September 30, 2021, and a 23%…
Nigeria’s Per Capita Income Crashes to 1981 Level –World Bank
Nigeria’s Per Capita Income Crashes to 1981 Level –World Bank Nigeria’s per capita income is at the same level as 1981, Shubham Chaudhuri, the country’s World Bank’s director has said.…
ETI, GUINNESS, MTNN, NB, UBA, Others Drive Midday Gain
ETI, GUINNESS, MTNN, NB, UBA, Others Drive Midday Gain A number of financial stocks are driving a midday rally on the Nigerian Stock exchange on Thursday amidst the ongoing third-quarter…
FBNH Renews Adesola Adeduntan Tenure, Appoints Nnamdi Okonkwo GMD
FBNH Renews Adesola Adeduntan Tenure, Appoints Nnamdi Okonkwo GMD The Board of FBN Holdings Plc has appointed the immediate past Managing Director of Fidelity Bank Plc., Mr. Nnamdi Okonkwo as…
PenCom Introduces Non-Interest Fund, Issues Operational Framework
PenCom Introduces Non-Interest Fund, Issues Operational Framework The National Pension Commission (PenCom) has introduced a Non-Interest Fund (Fund VI) and issued an operational framework on it to pension contributors and…
Afreximbank Launches $6.5bn Capital Increase to Boost Capacity
Afreximbank Launches $6.5bn Capital Increase to Boost Capacity African Export-Import Bank (Afreximbank) has embarked on a $6.5 billion General Capital Increase (GCI) to expand its capacity to deliver on its…