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Central Bank Of Nigeria Moves To Strengthen Cybersecurity In Other Financial…
The Central Bank of Nigeria (CBN) yesterday moved to strengthen cyber resilience of Other Financial Institutions…
Stock Market Rebounds As Investors Gain N23bn
The equities market on the Nigerian Exchange Limited rebounded from the loss recorded on Monday with investors…
Dollar Settles Near 4-1/2 Month Highs As Risk Appetite Cools
The dollar held near a 4-1/2 month high versus a basket of major currencies on Wednesday as simmering concerns…
Markets No Longer Fear Inflation And Stocks Will Continue To Rally, HSBC says
Markets no longer fear inflation and are now focused on the spread of the delta Covid-19 variant, according to HSBC…
The Securities and Exchange Commission (SEC), African Development Bank (AfDB)…
The Securities and Exchange Commission (SEC) and African Development Bank (AfDB) have commenced the implementation…
SoftBank Unit Behind Risky Multibillion-Dollar Tech Bets Dumps Microsoft,…
SoftBank has offloaded shares of U.S. tech giants like Facebook, Microsoft, Alphabet and Netflix, according to its…
Central Bank Of Nigeria: Digital Currency Would Be Critical National…
The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a…
CBN Charges Bank Customers On Their Rights, Privileges
The Central Bank of Nigeria (CBN) has charged customers of commercial banks to know their rights and…
Kuda Valued At $500 Million After Quick Series B
The Nigerian fintech company, Kuda, announced Monday it has closed a $55 million Series B funding co-led by Valar…
Bank Rate Maintained At 0.1% – August 2021
Monetary Policy Summary, August 2021
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to…
Nigeria’s Foreign Reserve Rises By $79.1 Million In July 2021
Nigeria’s foreign reserve closed the month of July 2021 at $33.4 billion, appreciating marginally by $79.1 million…
‘Investors To Exploit Opportunities In N100b Infrastructure Fund’
Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc has stated that its N100 billion…
JAIZ Bank’s Profit Grows By 70%
Jaiz Bank Plc has said its profit after tax rose by 70.1 per cent growth to N1.9bn in the first half of 2021 from…
SEC, Issuers Parley To Attract More Listings As Index Rises By 0.03%
The Director General of the Securities and Exchange Commission (SEC), Lamido Yuguda has stated that the Securities…
Banking, Industrial Stocks Drive N5bn Market Gain
The banking and industrial indices drove a N5.13bn gain for stock investors amidst negative market sentiment.…
CENTRAL BANKS Inflation Pressure To Test Bank Of England’s Patience At Key…
Economists broadly expect the Bank of England’s Monetary Policy Committee to raise its inflation forecasts on…
Treasury Yields Climb, 10-Year Rate Rises To 1.19%
U.S. Treasury yields climbed on Tuesday morning, with the 10-year rate rising to top 1.19%, despite concerns about…
StanChart Resumes Dividends And Buybacks As Profit Recovers
Standard Chartered PLC (STAN.L) posted a higher than expected 57% jump in first-half pretax profit and announced a…
FUGAZ Stocks Investors Lose N50.45 Billion During The Week
The market capitalization of the top five banks, referred to as the Tier-1 banks decreased to N2.46 trillion at the…
Banks’ CEOs Summon Emergency Meeting Over BDCs’ Forex Ban
Bank Chief Executive Officers on Thursday, held an emergency meeting on how to ensure compliance with the new forex…
Bears Resurface On NGX, Indices Down By 0.12%
Sentiments on the domestic bourse turned negative on Tuesday to halt the five consecutive days of gains, as the…
Banks’ Credit To Economy Hit N24.23tn, Says CBN
The total credit from the banking sector to the economy rose to N24.23tn as of the end of May, the…
U.S Federal Reserve Facing Twin Inflation, Growth Risks As Virus Jumps And Supply…
U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication…
Africa-Focused Credit Fund, BluePeak, Hits The First Close Of Its Maiden $200…
Africa-focussed alternative asset management firm BluePeak Private Capital has hit the first close of its maiden…
FCMB Limited Appoints Mrs. Oluwatoyin Olaiya As Executive DIrector, RIsk &…
The Board of Directors of First City Monument Bank Limited (the Bank) have announced the appointment of Mrs.…
Banks To Remain Resilient Despite Inflation, Currency Headwinds’
Vetiva Research has predicted that the banking sector will remain resilient despite high inflation and…
Bank Of England’s Andy Haldane Warns Of Inflation Rises
The Bank of England’s outgoing chief economist has warned that inflation could rise by more than expected and force…
CBN May Nationalise Ailing Unity Bank As Talks With Investors Fail
The Central Bank of Nigeria (CBN) may nationalise ailing Unity Bank Plc over its troubled and unhealthy state, in…
Bank Of Canada Brushes Off Temporary Spike In Inflation
Bank of Canada policy makers aren’t worried about the recent run up of inflation they believe is being driven…
Ahead Of Next Treasury Bills Auction Scheduled For 9th Of June 2021
The Central Bank of Nigeria (CBN) will hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on the 9 th of…