FBN Holdings targets N730bn capital base by Q1, 2025
The group managing director, FBN Holdings (FBNH) Plc, Nnamdi Okonkwo, has revealed that the Group plans to attain a N730 billion capital base by Q1-2025. Okonkwo stressed that the financial…
Read moreZenith Bank assures of improved services, concludes infrastructure upgrade
Zenith International Bank Plc has assured its customers of exceptional service delivery and improved customer experience following the successful completion of its Information Technology Infrastructure Upgrade. The group managing director/chief executive…
Read moreGCR Affirms UBA AA+ Rating with Stable Outlook
GCR Affirms UBA AA+ Rating with Stable Outlook GCR Ratings has affirmed United Bank for Africa Plc’s long-term national and international scale ratings of AA+(NG) and B respectively, with a…
Read moreFitch Affirms Stanbic Bank Kenya at ‘B’; Outlook Stable
Fitch Affirms Stanbic Bank Kenya at ‘B’; Outlook Stable Fitch Ratings has affirmed Stanbic Bank Kenya Limited’s (SBK) Long-Term Issuer Default Rating (IDR) at ‘B’ with stable outlook. The bank…
Read moreKano Seeks to Pass N549bn 2025 Budget into Law
Kano Seeks to Pass N549bn 2025 Budget into Law Gov. Abba Yusuf of Kano State has presented a budget of N549 billion for 2025 fiscal year to the State House…
Read moreNigerian Exchange Keeps Uptrend, Equities Investors Gain N189bn
Nigerian Exchange Keeps Uptrend, Equities Investors Gain N189bn The Nigerian Exchange (NGX) kept uptrend as investors recorded about N189 billion gain in the market on Friday. NGX closed trading activities…
Read moreOil Slides amidst US Fed Rates Cut, Hurricane Threat
Oil Slides amidst US Fed Rates Cut, Hurricane Threat Oil slides in the global commodities market on during early trading hours on Friday amidst U.S Fed rates cut, and supply…
Read moreNAICOM Gives Insurers Dec.31 Deadline to Settle Outstanding Claims
NAICOM Gives Insurers Dec.31 Deadline to Settle Outstanding Claims The National Insurance Commission (NAICOM) has given insurance companies Dec.31 deadline to clear all outstanding claims. The Head, Communication and Stakeholders…
Read moreNigeria’s Eurobonds Yield Dips 19bps as Foreigners Boost Portfolios
Nigeria’s Eurobonds Yield Dips 19bps as Foreigners Boost Portfolios The Eurobond market beamed with buying interest in Nigeria’s Eurobonds in the international capital market, similar experience to trade pattern experienced…
Read moreNigeria’s Gross External Reserves Cross $40 Billion
Nigeria’s Gross External Reserves Cross $40 Billion Nigeria’s gross external reserves increased by $7 billion from the beginning of the year to date, according to data from the Central Bank.…
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