UBA get permit for U.K’s wholesale banking
UBA get permit for ’s wholesale banking United Bank of Africa () Limited, a subsidiary of United Bank of Africa Plc, has granted permission by the Prudential Regulation Authority…
Sustained sell-offs in blue chip stocks drag equities downward by 1.97%
Sustained sell-offs in blue chip stocks drag equities downward by Investors remained downbeat on the equities market, as the All Share Index (ASI) recorded its fourth consecutive loss of…
South Africa cuts main interest rate as inflation falls within range
South Africa cuts main interest rate as inflation falls within range South Africa’s central bank cut its main interest rate to percent on Wednesday, in another boost for the…
FAAC shares N647bn to three tiers of government
FAAC shares N647bn to three tiers of government The Federation Accounts Allocation Committee (FAAC) Wednesday distributed the sum of billion to the three tiers of government in the country. Minister…
CBN injects $210 million into currency market
CBN injects $210 million into currency market Central Bank of Nigeria (CBN) has said it had injected $210 million into the interbank foreign exchange market on Tuesday, as it…
Africa’s premier investment marketplace to accelerate continent’s economic transformation
Africa’s premier investment marketplace to accelerate continent’s economic transformation To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier…
FMDQ admits the N3.15bn LAPO MFB SPV bond to its platform
FMDQ admits the LAPO MFB SPV bond to its platform Corporate institutions have continued to successfully tap the Nigerian debt capital markets (DCM) to access stable long-term finance to…
Profit taking drags market into the red as ASI down by 0.51%
Profit taking drags market into the red as ASI down by Sustained profit taking by investors, dragged the domestic bourse into the red for the third consecutive trading session…
Nigeria to consult before deciding on African trade zone
Nigeria to consult before deciding on African trade zone Nigeria decided not join an Africa free trade zone last week because it needs to carry out more consultations at…
Milost ends $1bn deal with Unity Bank after threats
Milost ends $1bn deal with Unity Bank after threats Milost Global Inc. ended talks to provide $1 billion to Unity Bank Plc, saying it received threats that it will…