BUA Foods Gains N13.20 after Listing by Introduction
Is it repricing? Unlikely so but BUA Foods sent a bullish signal to investors as the company share price spiked significantly in its first trading week.
Inter-bank Rate Drops as Liquidity Pressures Ease, Naira Tumbles
Following reduced pressures on the financial system liquidity, the average interbank rate has dropped to a double-digit low, traders note shows while the Nigerian...
Oil Magnate Lauds TAJBank for Expanding the Drive for Non-interest Banking Services
Auwalu Rano, an oil Magnate and Chairman A.A. Rano Nigeria Limited, a major oil marketing company, has commended the managemen
FBN Rating Upgraded after Corporate Governance Irregularities Fix
Following a deliberate effort to reclaim its market position, First Bank of Nigeria (FBN) Limited has been rated higher despite uncertainties in the macroeconomic environment in Nigeria.
World Bank, Global Fund Sign MoU to Tackle Impact of Climate Change on Health
The World Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria (the Global Fund), have signed a Memorandum of Understanding (MoU) to strengthen health systems in countries of the Global South.
Unity Bank, NASME to Empower Women Owned MSMEs
Unity Bank Plc is collaborating with the Nigerian Association of Small and Medium Enterprises (NASME) in a partnership,
Sell Pressure, Assets Repricing Drive Bonds, T-Bills Yields Up
The average yields on fixed income securities see a sharp rise as investors began to renegotiate spot prices on government issuances amidst a running inflation rate and weak exchange rate.
Insurance Companies Collect N729.1bn Premium in First Three Quarters of 2023
Insurance companies collected N729.1 billion as premium in the first three quarters of 2023, an increase of N196 billion over the N532.7 billion collected in the first three quarters of 2022.
SMEDAN, Sterling Bank Earmark N5bn Loan for SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Sterling Bank have set aside N5 billion loan for small businesses.
Royal Exchange Names Nwachukwu Chief Executive
Royal Exchange General Insurance Company Ltd. has announced the appointment of Mrs Ebelechukwu Nwachukwu, as the new Managing Director/Chief Executive Officer...
