FMDQ Clear and Frontclear partner to deliver first-class clearing structure in Nigeria
FMDQ Clear and Frontclear partner to deliver first-class clearing structure in Nigeria FMDQ Clear Limited and Frontclear signed an agreement to jointly enhance Nigeria’s first central clearing house structure,…
Stanbic Africa Holdings acquires additional 11.35% shares in Stanbic IBTC
Stanbic Africa Holdings acquires additional shares in Stanbic IBTC Stanbic IBTC Holdings Plc. Thursday announced that Stanbic Africa Holdings, a wholly owned subsidiary of Standard Bank Group and parent…
NSE, LSE set to host 5th dual listing conference in Lagos
NSE, LSE set to host 5th dual listing conference in Lagos The Nigerian Stock Exchange (NSE), in partnership with London Stock Exchange Group (LSEG) will host the 5th edition…
CBN injects $210 million into forex market
CBN injects $210 million into forex market Central Bank of Nigeria (CBN) said on Wednesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost…
Ibeto Cement Secures $850 million Funding From Milost Global
Ibeto Cement Secures $850 million Funding From Milost Global Ibeto Cement has signed a deal with Milost Global for $850 million. The US-based private equity firm will provide $500…
Heritage Bank named most supportive financial institution in tourism
Heritage Bank named most supportive financial institution in tourism Heritage Bank Plc has once again proven to be Nigeria’s most innovative banking service provider, as Institute for Tourism Professionals,…
LSETF partners ATC Nigeria, Jobberman to empower unemployed youths in communities
LSETF partners ATC Nigeria, Jobberman to empower unemployed youths in communities The Lagos State Employment Trust Fund (LSETF) in partnership with Jobberman and ATC (one of Nigeria's leading independent…
S&P rate Fidelity Bank high with stable outlook
S&P rate Fidelity Bank high with stable outlook Global ratings organization, Standard and Poor (S&P) has affirmed 'B-' long-term and 'B' short-term issuer credit ratings on Fidelity Bank Plc…
CBN directs banks, BDCs to sell Forex to eligible travellers over the counter
CBN directs banks, BDCs to sell Forex to eligible travellers over the counter The Central Bank of Nigeria (CBN) has directed all commercial banks and Bureau de Changes (BDCs)…