Finance & Economy
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We have plans to de-dollarise Nigerian economy – Minister
Mr Edun said the move is part of efforts by the fiscal authorities to complement the efforts of the monetary…
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Fidelity Bank Plc Declares N159.83bn PAT in H1 2024 Unaudited Results, (SP: N13.00)
Fidelity Bank Plc, a Financial Institution company in the Financial Services Sector, announced 107.55% Gross Earnings Growth in H1 2024…
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CBN Raises MPR to 26.75%: Making Sense of CBN’s Policy Rate Hike
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised its monetary policy rate (MPR) for the fifth…
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Rebuttal of False News Reports Against GTCO’s Business Activities, Results and Its Executive Management
Based on the incessant release of false news reports on GTCO’s business activities, Results and its Management Team, it has…
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Nigerian Capital Market Q3 2024 Review: Listed Equities Show Resilience as OTC Stocks See Strong Growth
The Nigerian Equity Market commenced 2024 with a strong 35.28% growth in January, setting the tone for a year of…
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Otedola Expands Stake in FBN Holdings to 13.15% with N16.02bn Purchase
Femi Otedola, Chairman of First Bank of Nigeria (FBN) Holdings, has increased his stake in the financial institution to 13.15%,…
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CBN to sanction banks for not dispensing cash via ATMs, plans N1.4 trillion for circulation
The Central Bank of Nigeria (CBN) has announced that it will sanction banks failing to dispense cash through their automated…
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CBN confirms FAAC allocations impacting exchange rate stability
The Central Bank of Nigeria (CBN) has alluded that there is a correlation between monthly disbursement from the Federation Account…
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Why CBN Raises interest rates to 27.25%,
Nigeria’s Central Bank stunned the global financial community on Tuesday when its Monetary Policy Committee (MPC) voted unanimously to raise…
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Access Holdings posts N146.1 billion pre-tax profit in Q2 2024, reports N412 billion as “unrealized” FX gains
Access Holdings Plc, Nigeria’s largest bank by total assets, reported a pre-tax profit of N146.1 billion in the second quarter…
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