Finance & Economy
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N900,000 Vanishes From A First Bank Customer After Unblocking Account
Muibat Olayemi, a Lagos coconut trader, has accused First Bank of negligence resulting in the loss of the N900,000 in…
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NAICOM urges shareholders to demand insurers’ accountability
The Commissioner for Insurance, Mr Sunday Thomas, has said it is important for shareholders to ask the management of the…
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AfDB, others mobilise $31b investment for Africa 
The African Investment Forum (AIF), a joint special investment vehicle of the African Development Bank (AfDB) and six other partners,…
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A Black October for the Lagos Bourse
The Nigerian Stock Exchange’s (NGX) performance declined dramatically last month after a fantastic run in H1 ’22, during which it…
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Currency Redesign: Masterstroke but not Enough
Following from the first part of our series on the Central Bank of Nigeria’s (CBN) decision to redesign the N200,…
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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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