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The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of the defunct Heritage Bank that challenges delaying access to guaranteed sums above N5 million are being...
The domestic bourse extended its bearish trend on Friday, closing the week with a N99 billion loss. Selloffs in Tier-one banking stocks, including Zenith Bank, FBN...
The Nigerian stock market on Thursday ended its four-day winning streak with a loss of N143 billion. Sell-offs in Guaranty Trust Holding Company(GTCO), Zenith Bank, Oando...
The Managing Director of Bank of Industry (BoI), Mr Olasupo Olusi, has said the bank has raised over $5 billion from the international capital markets through...
The senate has approved a $2.2 billion loan request by President Bola Tinubu. The upper legislative chamber approved the loan request after it considered a report...
Bitcoin, the world’s biggest cryptocurrency by market cap, on Thursday, surged to $97,000 – making it just $3,000 away from reaching a record $100,000 in price....
The Nigerian Exchange Ltd. (NGX) started the week on a positive note as market capitalisation increased by N16 billion, representing a 0.03 per cent gain on...
FirstBank of Nigeria Ltd. has pledged continued support for the entire value chain of Nigeria’s creative arts and theatre industry. The bank’s Managing Director, Olusegun Alebiosu,...
The Central Bank of Nigeria (CBN) has announced plans to penalize Deposit Money Banks (DMBs) that are found to be facilitating the hawking of Naira notes....
The Federal Executive Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond and Sukuk bond offer. The Minister of Finance...