BUSINESS
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Emefiele urges early detection of challenges in banks, timely intervention
Godwin Emefiele, the Governor, Central Bank of Nigeria (CBN) has urged early detection of challenges in banks and quick intervention…
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NGX: Capitalisation dips by N227bn
Trading closed on the floor of the Nigerian Exchange Ltd. (NGX) Wednesday with market capitalisation losing N227 billion or 0.09…
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DMO releases another N720bn borrowing plan in Q4 bond Issuance calendar
The Debt Management Office (DMO) has released its Federal Government of Nigeria (FGN) Bonds Issuance Calendar for the fourth quarter…
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AfDB approves $25m package for merchant bank
The Board of Directors of the African Development Bank Group (AfDB) has approved a 15-million-dollar trade finance line of credit…
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Access Bank plans to acquire majority equity stake in Angolan-based Finibanco
Access Holdings Plc, trading as Access Corporation, has announced its planned acquisition of majority equity stake in Angolan-based Finibanco S.A…
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African govts need to restore macroeconomic stability, protect poor- World Bank
The World Bank says African Governments urgently need to restore Macroeconomic stability and protect the poor in a context of…
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Failed banks: NDIC engaged 467 insured banks in 2021– MD
The Nigeria Deposit Insurance Corporation (NDIC) says its liquidation activities involves no fewer than 467 insured banks with a view…
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FG restates commitment to industrialisation drive via SMEs
President Muhammadu Buhari has reiterated the Federal Government’s commitment to drive industrilisation focusing on Small and Medium Enterprises (SMEs). Buhari…
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DMO announces October bond offers
The Debt Management Office (DMO) on Tuesday released two Federal Government Savings Bond offers for October. According to a statement…
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Nestlé unveils Nescafé Plan 2030 with $1.01bn investment
Nestlé is investing over one billion Swiss Franc ( $1.01 billion) in its Nescafé Plan 2030 to help drive regenerative…
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