Rate on 364-Day T-Bills may Fall Below 6.99% soon
Spot rate on 364-day Treasury bills has been anticipated to fall below 6.99% at the Central Bank primary market auction scheduled for tomorrow, according...
UPDATE ON GERRARD ROAD BUILDING COLLAPSE
The identification of bodies of the victims of the Ikoyi building collapse has continued at the IDH, Yaba, Lagos Mainland. Twenty-nine families have come...
Some Nigerian Companies post huge profits despite Securities, Economic Challenges
By Abiodun Jimoh
Corporate Nigeria brushed aside rising inflation rate and exchange rate crisis to record a surge in revenues and profits.An analysis of the...
First Bank of Nigeria Sees Rating Upgrades
GCR Ratings has affirmed First Bank of Nigeria Limited’s national scale long and short-term ratings of A-(NG) and A2 (NG) respectively, with the outlook...
FCMB bags SME Financier of the Year” among other awards
First City Monument Bank (FCMB), has received another global commendation for its consistent and outstanding support towards the growth of Small and Medium Scale...
Analysts Anticipate Devaluation despite rise in Naira
by Abiodun Jimoh
Niaira rises against the United States dollar over the weekend but analysts appear not to be satisfied with a relatively overpriced local...
Ikoyi Building Collapse : Mistakes were made from all angles-Dr kabiru Usman
Some building experts have decried the tragic building collapse in Ikoyi which has so far claimed 30 lives, saying “mistakes were made from all...
GOMBE BREACH OF PEACE, POLITICAL MANOUVERING, DESPERATION —body
A body known as Gombe New Frontiers has called on the people of the state and Nigerians in general to be dispassionate in passing...
Gombe government reacts to attacks by Thugs, Miscreants on Sen Goje
Gombe state Government has condemned in strongest term, the breach of peace in the state capital, caused by the visit of a former Governor...
FCMB Honoured At Global SME Finance Summit and Awards
First City Monument Bank (FCMB), has received another global commendation for its consistent and outstanding support towards the growth of Small and Medium...
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Fidelity Bank Completes 100% Acquisition Of Union Bank UK
By Tunmise Olaoye
Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc UK.
This was disclosed...
FX Crisis Deepens, BDCs Lament Dollar Scarcity
…Naira falls to N930/$ at parallel market
By NIYI JACOBS
The naira, on Wednesday, depreciated to N930 per dollar at the parallel section of the foreign...
CBN denies crashing forex to N1.25 against Dollar
The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1.
overlay-clevercloseLogoOn Wednesday, CBN disclosed this via its...