Foreign inflow on NGX drops to N11bn
Foreign inflows into the Nigerian Exchange Limited (NGX) experienced a notable decline in September 2024, dropping to N11.26 billion, the…
Day: November 18, 2024
Dangote Refinery signs 60 million litres weekly petrol deal with marketers
The Dangote Petroleum Refinery has finalized a major agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN) to supply…
Stanbic IBTC Capital Becomes Issuing House For N40bn Multi-Instrument Issuance Programme
Stanbic IBTC Capital Limited has been appointed as the lead issuing house for RMB Nigeria’s ₦40 billion multi-instrument issuance programme,…
UBA Achieves Record N2.4 Trillion Earnings in Q3 2024
United Bank for Africa (UBA) Plc has recorded a historic N2.4 trillion in gross earnings for the first nine months…
Stanbic IBTC Seeks to Increased Agriculture Funding
Stanbic IBTC Bank has reaffirmed its dedication to transforming Nigeria’s agricultural sector by improving access to finance, technology, and capacity…
African Experts Discuss Growth of Takaful and Non-Interest Finance
Finance experts from across Africa gathered in Lagos for the second African Takaful and Non-Interest Finance Conference, organized by Noor…
Access Bank Named Nigeria’s Sole Firm on Forbes 2024 World’s Best Employers List
Access Bank PLC has been recognized as the only Nigerian company on Forbes’ 2024 World’s Best Employers List, reflecting its…
Naira Volatility Deters South African Investors from Nigeria
South African investors are increasingly hesitant to explore Nigeria’s market potential due to the naira’s unpredictable devaluations. Between 2004 and…
Rising Inflation Concerns Amid Energy and Currency Pressures in Nigeria
Nigeria’s inflation rate surged to 33.88% in October 2024, up from 32.70% in September, driven by rising energy costs, and…
LAPO advocates financial inclusion for underserved communities
LAPO Microfinance Bank is championing financial inclusion across Nigeria, focusing on underserved communities. The institution highlighted its efforts in bridging…
Investors gain N295bn as stock market turns bullish
The Nigerian stock market rebounded strongly last week, with investors gaining N295 billion following two weeks of losses. The All-Share…