What you should know before investing in bank shares
Following the Central Bank of Nigeria's directive in March, which increased the minimum capital base for banks, 26 banks are now actively engaging in capital markets and investment platforms. This…
Top 10 most expensive states in Nigeria
Bauchi tops Nigeria's most expensive states in July 2024, as inflation soars. Explore the top 10 list and see how rising costs impact living expenses nationwide
Nigeria to issue $500 million domestic bond
Nigeria has announced plans to offer domestic bonds in US dollars starting next Monday. With this dollar denominated domestic bond, the Nigerian government hopes to raise $500 million from investors.The…
Dangote, African leaders to discuss continent’s future in London
On October 29, 2024, the 11th edition of the Financial Times Africa Summit will convene at The Peninsula in London, bringing together African Heads of State, policymakers, global investors, and…
Oando tops losers’ chart as NGX declines
The Nigerian Exchange (NGX) experienced a third consecutive day of decline, with the All Share Index falling by 0.20% to 97,199.60 points on Wednesday. This downward trend resulted in a…
National Assembly proposes ₦25million fine for unlicensed insurance companies
The National Assembly is proposing a ₦25million fine for insurance companies in Nigeria operating without a license.This proposal is part of the new Nigeria Insurance Industry Reform Bill, 2024. This…
Oando Plc rises by 60.47% as NGX Records Gains
Oando Plc made a 60.47% gain in the last trading week ending August 9, 2024.Investors saw the NGX All-Share Index and market capitalization appreciate by 0.87%, closing the week at…
Manufactures, SMEs to get ₦150 billion government palliative
Manufacturers, small and medium scale enterprises will soon receive ₦150 billion palliative from the Federal government of Nigeria.The Minister of Industry, Trade and Investment, Doris Aniete, disclosed in a statement…
Dangote, BUA Groups among big winners in CBN’s forex auction
The Central Bank of Nigeria (CBN) conducted a Retail Dutch Auction System (RDAS) on August 6, 2024, to address rising demand pressures in the foreign exchange (forex) market and promote…
Access Bank gives clients cleaner energy financing
Access Bank, Nigeria's largest bank by assets, has launched the "Switch to Solar by Access" campaign, offering affordable financing opportunities to businesses and customers to adopt solar energy solutions.The campaign…
