CBN sanctions Standard Chartered, Stanbic IBTC, Diamond Bank, Citibank over illegal deal
CBN sanctions Standard Chartered, Stanbic IBTC, Diamond Bank, Citibank over illegal deal The Central Bank of Nigeria (CBN) has imposed sanctions totaling billion on four banks under its regulatory…
Regularisation of Accounts will Increase Liquidity in the Market – Uduk
Regularisation of Accounts will Increase Liquidity in the Market - Uduk The Nigerian Capital Market Committee (CMC) held its second quarterly meeting for the year 2018 on Thursday,…
Heritage Bank, HIS, Tuchi partner to provide affordable mass transit in Lagos
Heritage Bank, HIS, Tuchi partner to provide affordable mass transit in Lagos Relief is on the way for the estimated over 7 million passengers plying Lagos roads on a…
CMC Extends Multiple subscription deadline to December 31, 2018
CMC Extends Multiple subscription deadline to December 31, 2018 Ag. Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk has enjoined investors in the capital market…
SEC Holds Second CMC Meeting 2018
SEC Holds Second CMC Meeting 2018 The Securities and Exchange Commission (SEC) has announced that the Second Capital Market Committee (CMC) meeting in 2018 has been scheduled to hold…
AfDB boss cautions Africa on bilateral trade agreement
AfDB boss cautions Africa on bilateral trade agreement The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that with the rapidly changing world of trade…
MAN maintains withdrawal from AfCFTA
MAN maintains withdrawal from AfCFTA The Manufacturers Association of Nigeria (MAN) maintained its position on Wednesday that President Muhammadu Buhari should not sign the African Continental Free Trade Agreement…
Royal Exchange records N13bn premium, pays N3.4bn claims
Royal Exchange records N13bn premium, pays claims Royal Exchange Plc, an insurance and financial services group, has announced its results for the financial year ended December 31, 2017, showing…
Dallas/Naira remain flat at N360; as equities lower by 0.30%
Dallas/Naira remain flat at N360; as equities lower by The Naira on Wednesday remained flat at N360 in the parallel market, while it strengthened by percent to in the…
Dangote donates N.3bn Business school to University of Ibadan …Vows to raise entrepreneurs for nation building
Dangote donates Business school to University of Ibadan …Vows to raise entrepreneurs for nation building Leading businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote has challenged the government…