Finance & Economy
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Ecobank Fintech Breakfast Series 2.0 will Focus on “Strengthening the Ecosystem” – Babajide Sipe
Ecobank Nigeria, member of the leading Pan-African banking group, Ecobank Transnational Incorporated (ETI), has announced that arrangements have been concluded to host the second edition of the…
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Investors Lose N50.84bn as NGXASI Declines Further by 0.21%; Overnight Rate Contracts by 5.34% to Close at 9.83%; BDC Depreciates to 820
1. EQUITIES MARKET Nigerian Equities Market closed negative as the key market indicator declined by 93.35bps amid negative market breadth The…
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Dollar scarcity worsens as banks ration withdrawals, BDCs stretched
• We can’t give what we don’t have, banks tell customers • High cash holders mop up the black market, push…
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External Debt Service Costs Still Manageable in Q2 2022
The DMO’s most recent quarterly publication on external debt service shows that the FGN’s external debt service payments amounted to…
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Strong Earnings Pulls Up Zenith Bank’s Share Price 
Zenith Bank released its Unaudited Financial Statement for the period ended September 30, 2022, recording a growth of 20% in gross earnings…
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HEATED CONTROVERSY OVER INFLATION
Most governments now accept that low inflation is essential for sustainable growth, and not, as was once thought , an…
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It is Sheer Waste of Nation’s Resources to Redesign Naira Notes – LCCI
The Central Bank of Nigeria (CBN) has announced plans to redesign, produce and circulate new local legal tender. The Naira…
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FIRST BANK OF NIGERIA LIMITED PARTNERS CFA SOCIETY NIGERIA TO HOST ITS ANNUAL FLAGSHIP EVENT, THE UNIVERSITIES ETHICS CHALLENGE 
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society…
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Naira Plunges to a Record Low of N785 After CBN Announces Plans to Replace Higher Naira Notes
The naira plunged to record lows against the US Dollar on Friday, 48 hours after the central bank announced plans…
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FAAC shares N760.2 billion to FG, States, LGAs in September
The Nigerian Government disclosed that the Federation Account Allocation Committee (FAAC) allocated the sum of N760.235 billion to the Federal Government, states…
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