Numerous petroleum product marketers are presently encountering challenges securing loans required to fund the procurement of increased quantities of diesel…
Browsing: ECONOMY
The Central Bank of Nigeria has approved the sale of an additional 10,000 each dollars to 1,583 eligible Bureaux De Change (BDCs) in the country to meet market demands.
Bearish sentiment persisted on banking stocks at the equity market on Friday, making the value of transactions traded on the…
The International Monetary Fund (IMF) says economic growth in Sub-Saharan Africa (SSA) is projected to rise from 3.4 per cent in 2023 to 3.8 per cent in 2024.
The Securities and Exchange Commission (SEC) says it is collaborating with the Central Bank of Nigeria (CBN) and other relevant…
The global oil prices briefly surged and stock markets slid Friday on reports Israel had carried out retaliatory strikes against Iran, boosting investments deemed safer such as gold.
Profit-taking in Tier-one banks on Wednesday slightly pulled back the equity market, bringing the All-Share Index down by 0.06 percent.…
“Through this initiative, we aim to mobilize contributions from both internal and external stakeholders, reaffirming our commitment to education and societal welfare,” stated Yusuf.
“We closed the financial year with strong double-digit growth across key income and balance-sheet lines. Our performance in 2023 is an attestation of our capacity to deliver superior returns to shareholders despite the difficulties in our operating environment.
The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit Ratio (LDR) of deposit money banks from 65 percent to…