CBN lifts suspension on bank borrowing, sets 31.75% lending rate
The Central Bank of Nigeria (CBN) has lifted the suspension on banks borrowing from its Standing Lending Facility (SLF)
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MARKETS
NGX and UNIMAID forge strategic partnership to enhance capital market education
Nigerian Exchange Limited (NGX) and the University of Maiduguri (UNIMAID) have signed a Memorandum of Understanding (MoU) to bridge the
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SEC approves Nigerian Breweries’ N600bn Rights Issue
The Securities and Exchange Commission (SEC) approves Nigerian Breweries’ N600bn Rights Issue as largest brewer struggles on FX debt
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FG requests BVN, NIN for $500m bond subscription
The Federal Government has said that investors seeking to invest in its latest financial instrument must disclose specific identification
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Union Bank reports 20% growth in PBT H1, 2024, despite CBN’s intervention
Despite the challenging environment following the Central Bank of Nigeria’s intervention in January 2024, which led to heightened customer
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NGX RegCo applauds FRCN for spearheading Sustainability Reporting in Africa
The Chief Executive Officer of NGX Regulation Limited (“NGX RegCo”), Mr. Olufemi Shobanjo, has commended the Financial Reporting Council of
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NNPC posts N3.3trn net profit, declares N2.1trn dividend for 2023 financial year
targets 2mbpd crude oil production by Dec 2024 The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring
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FG to present bill on regulation of Crypto Currency to the National Assembly
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has revealed that the Federal Government would
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SEC extends Access Holdings’ N351bn capital raise to August 23
The Securities and Exchange Commission (SEC) has extended Access Holdings’ N351 billion capital raise to August 23. In a statement
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United Capital Group transcends borders with landmark Corporate Bond in Sierra Leone
United Capital Group, a leading pan-African investment banking and financial services institution, has successfully led the issuance of Sierra Leone’s
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