Finance & Economy
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Access Bank 2023 Results: Beating down Cost and Impairment Charges to Boost Value For Money
Access Bank , no doubt , rode the wave of the gains of its acquisition initiatives and core competencies in…
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Banking stocks drag NGX to second consecutive week of losses
The NGX continued its bearish trajectory for the second consecutive week as the market recorded a 1.09% decline during the…
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Naira breaks key resistance against dollar, within N1000/$ mark
The naira held onto its bullish momentum despite the dollar’s most recent aggressive gains this week, as concerns about persistent…
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FirstBank: 130 Years of Enabling Success
In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant…
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The CBN new minimum capital requirement for Nigerian Banks: The good, the bad, and the downright ugly
Since taking office in late 2023, the new CBN Governor, Mr. Yemi Cardoso has, in not too many words, sprung…
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CBN sacks 40 more staff in move away from development finance
The Central Bank of Nigeria (CBN) has let go of another batch of 40 employees, mostly from its development finance…
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Public Debt: Nigeria’s largest creditors as of December 2023
According to data from the Debt Management Office (DMO), the total public debt in Nigeria is an estimated N97.34 trillion…
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Analysts Speak on How MPC Decisions Will Shape Nigeria’s Financial Markets in Q2,2024
Nigeria’s first quarter 2024 was marked by significant macroeconomic developments. Headline inflation rose to 31.70%, as food inflation climbed to…
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Access Holdings Plans $1.5bn Capital Raising Programme, Targets N365bn Rights Issue
Access Holdings Plc has unveiled plans to establish a Capital Raising Programme of up to US$1.5bn. The Programme aims to…
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CBN Announces New Minimum Capital Requirements for Banks in Nigeria
Days after urging Nigerian banks to hasten the recapitalisation of their equity base, the Central Bank of Nigeria (CBN) announced…
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