Profit-taking in Tier-one banks on Wednesday slightly pulled back the equity market, bringing the All-Share Index down by 0.06 percent.…
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“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…
The Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, gaining N57 billion to close at N56.504 trillion. This increase follows eight…
The International Monetary Fund (IMF) says global growth in 2024 and 2025 is projected to hold steady at 3.2 percent,…
The Nigerian stock market on Monday extended its losing streak by 0.53 percent due to losses in Tier-One banking stocks.…
“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director,” Georgieva said in a statement.
The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar.
Specifically, investors lost N412 billion or 0.71 percent, as the equity market capitalisation, which opened at N58.276 trillion, closed at N57.864 trillion.