DMO Lists $1.25bn On NGX, FMDQ
The Debt Management Office has listed the 8.375%, $1.25 billion, March 2019 Eurobond on the Nigerian Exchange Limited and FMDQ Securities Exchange Limited.
Flutterwave Denies Money Laundering Allegations In Kenya
Pan-African financial firm Flutterwave has reacted to reports of an ongoing money laundering trial in Kenya.
Flutterwave Faces Money Laundering Charges In Kenya, Over $55m Seized
Flutterwave is enmeshed in money laundering charges in Kenya which has seen its accounts with over $56.7 million frozen by the authorities.
Banks’ Borrowings From CBN Falls By 42% In H1 2022
The rate of borrowing from the Central Bank of Nigeria by commercial banks fell by 42% in the first half of 2022.
Stanbic IBTC Pension Managers Commits To Promoting Organisations’ Welfare
Chief Executive, Stanbic IBTC Pension Managers, Olumide Oyetan, says the bank is committed to enhancing the welfare of organisations.
Buhari’s Government Targets N720bn In Q3’22
President Muhammadu Buhari's-led federal government says it projects to generate N720 billion in the third quarter of 2022.
You’re Not In Business If You’re Not Investing In Africa – AfDB Boss Adeshina To Irish Business Community
The President of the African Development Bank Group, Akinwunmi Adeshina, has urged the Irish business community to invest more in Africa.
Customers To Enjoy 48 Months Repayment Plan With Stanbic IBTC Digital Loan Solutions
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings, says its digital loan services could see customers getting up to a 48-month repayment plan.
Nigeria’s Stock Market Begins Week With 38.22% Bps Loss
The Nigerian Exchange limited recorded a 38.22% basis point loss in its stock market on Monday, OduNews reports.
How Customers And Nation Building Aided First Bank’s Huge Growth – FBNH CFO, Patrick Iyamabo
The Chief Financial Officer of First Bank Holding PLC, Mr Patrick Iyamabo, has attributed the growth recorded by First Bank in recent years to the bank's policies on building its customers and the nation.
FCMB Retains 20-Year Support For Ojude Oba Festival, Hails Awujale, Ijebu Indigenes
The First City Monument Bank, FCMB, has hailed the Awujale and Paramount Ruler of Ijebuland, Oba (Dr.) Sikiru Kayode Adetona, chiefs, age groups, all indigenes, friends and well-wishers of Ijebuland ahead of the Ojude Oba festival which will hold on Monday, 11th July 2022.
Nigeria’s Foreign Reserve Drops To $39.16bn In H1’22
Nigeria's external reserve fell by $1.37billion or 3.37 per cent in the first quarter of 2022 to $39.16billion as of June 30 from $40.52 billion it closed in 2021.
CBN’s Policies Damaging Nigeria’s Economy, Global Credit Ratings Firm, Fitch, Says
A global credit rating firm Fitch has knocked Nigeria's Central Bank over its policies which it claimed are the cause of the country's economic woes.
Stock Market Gains N5.64trn In H1 2022
The Stock Market segment of the Nigerian Stock Exchange Group has gained N5.64 trillion in the first half of 2022.
FG Takes Step To Speed Up 5G Deployment
The Federal Government has taken a further step to fastrack the deployment of 5G services across the country.
CBN’s Loan To Farmers Hits N131bn
The Central Bank of Nigeria has doled out N131 billion as loans to farmers under the Agricultural Credit Guarantee Scheme Fund (ACGSF) between its inception in 1977 and May, this year.
Nigeria Exchange Fines Honeywell, Flour Mills, Two Others N10m Over Default Filing Of Financial Statements
The Nigeria Exchange Limited (NGX) has placed a N10m fine on four quoted firms over their failure to submit their financial statements in due time.
CBN Orders OFIs To Comply With Cybersecurity Guidelines
The Central Bank of Nigeria has ordered Other Financial Institutions (OFIs) to fully comply with its cybersecurity guidelines.
Stanbic IBTC Celebrates Women In Tech
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, on Thursday, celebrated women in the tech industry.
E-Transaction: FBNH, Stanbic IBTC, FCMB, Others Spend N81.8bn On Customers’ Fees, Commission In Q1″22
First Bank Nigeria Holdings PLC, Stanbic IBTC, FCMB and a host of other banks spent N81.8bn on customers' fees and commission on electronic transactions in the first quarter of 2022.