Jaiz Bank Plc lost 14% of its market value as shareholders dumped the Islamic lender’s shares in the stock market. The non-interest bank recently announced a change in the board, …
Nigeria’s large buckets of uncertainties stoked pressures on the productive segment of the economy in the second quarter of 2023, according to recently published data from the statistics office. Growth …
THE Securities and Exchange Commission (SEC) says that the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion. Lamido Yuguda, the Director-General of SEC, said this …
AS a result of a fresh rally, the Federal Government of Nigeria (FGN) Eurobonds prices surged in the international debt capital market due to increased demand by foreign investors. On …
Stanbic IBTC Bank has recently become aware of certain misinformation circulating with respect to its loans to Directors in 2022. As a socially responsible corporate organisation, Stanbic IBTC Bank is …
AMID sustained negative interest yield on naira assets in the fixed income securities market, some local investors continued to offload FGN bonds portfolios in the secondary market on Tuesday. The …
TODAY’s expected arraignment of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over an alleged procurement fraud to the tune of N6.9 billion, has again been …
THE Nigerian Exchange (NGX) rallied on Monday after closing negative last week. As a result of fresh interest in the consumer goods sector, market capitalisation rose by #250 billion. Reversing …
THE average yield on Nigerian Treasury bills surged marginally, but the movement remains unnoticeable amidst a sustained increase headline inflation rate, which failed to be curbed by monetary policy tightening. …
Globus Bank Limited grew its balance sheet and boosted its earnings profile strongly without undermining asset quality. GCR Ratings (GCR) has affirmed Globus Bank Limited’s national scale long and short-term …