News
Nigeria’s Tier-1 Banks Market Valuation Spikes to N3trn
Nigeria’s top five banks’ combined market valuation has inched near N3 trillion, according to stock market screener data, representing a significant jump. The ...
News
Nigeria: T-Bills Buying Intensified Ahead of CBN Auction
Supported by a buoyant liquidity level, the Nigerian Treasury bill (NTB) buying intensified in the secondary market ahead of the Central Bank of ...
Innovation
Nigeria: Dataleum wins global startup awards
A Nigerian technology training firm, Dataleum, has emerged as the West African regional winner of this year’s Global Startup Awards Africa. The Global ...
News
Nigeria: “We Reached a Point of Frustration with Cryptocurrency Operators,” says CBN
The Central Bank of Nigeria (CBN) has explained its decision to halt the growth of digital currencies in the country, citing interference from ...
News
Nigeria: Wema Bank appoints new Chairman
The appointment is further to the retirement of the current Board Chairman, Babatunde Kasali. The Board of Directors of Wema Bank Plc. (the ...
Nigeria
Nigeria: NCC begins issuance of Mobile Virtual Network Operators’ Licence
As part of measures to expand quality mobile network coverage and bridge the gap between unserved and underserved areas and population in the ...
News
Nigeria: Economy recovered slightly in April – CBN
The Composite Purchasing Managers’ Index rose to 51.1 index points in April 2023 from 42.6 index points in March 2023, according to the ...
News
Nigeria: Access capital market for financing, SEC tells FG
The Director General of the Securities and Exchange Commission, Lamido Yuguda, has called on the governments at different levels to look towards the ...
News
Nigeria: CBN Debunks Reports of Naira Devaluation
The Central Bank of Nigeria (CBN) has debunked reports that the apex bank devalued the naira to N631/$1 in an effort to unify the exchange ...
Nigeria
Nigeria: Reps Amend CBN Act, Raise Lending Limit To 15%
The House of Representatives has amended the Central Bank of Nigeria Act to raise the lending limit of the apex bank to the ...
