CBN Licenses Development Bank of Nigeria

      The Central bank of Nigeria (CBN) has approved a Wholesale Development Finance Institution Licence to the Development Bank of Nigeria (DBN) Plc, the Minister of Finance, Mrs.…

NSE Demutualisation Process Approved by Members  ​​

  The Nigerian Stock Exchange (NSE or The Exchange)  announced the  approval of its members on the demutualisation scheme of the Exchange. This decision was reached at the Extra-Ordinar​y General…

Access Bank to Consider Capital Raising In 2018-2022 Strategic Growth Plan

  Following the need to have adequate capital for its growth strategy, Access Bank Plc says it will consider raising fresh capital from the market. Group Managing Director of the…

CBN directs BDCs to sell dollar at N362

Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users at not more than N360/$1 for…

KEYSTONE BANK Constitutes transition board

  Following the successful conclusion of the divestment of Keystone Bank Limited (the Bank) by the Asset Management Corporation of Nigeria (AMCON), which culminated in the Completion Meeting of 23…

Banks lend 0.1 Percent of total credit to MSMEs

  Total loans granted by banks to Micro, Small and Medium Enterprises (MSMEs) in Nigeria amounted to just over 0.1 percent of total banks’ credits to the private sector over…

Exchange Rates as at noon Friday

    Currency                             Buying                        Selling…

NSE Friday Trading Result

    ASI 25,454.93 DEALS 2,613.00 VOLUME 346,026,965.00 VALUE 2,330,411,203.09 CAP 8,807,020,789,838.09 Top Gainers Symbols Last Close Current Change ACCESS 5.93 6.1 0.17 ETERNA 3.15 3.23 0.08 TRANSCORP 0.72 0.74…

NSE Trading Results Wednessday

  ASI 25,514.09 DEALS 2,306.00 VOLUME 198,838,062.00 VALUE 2,527,501,296.73 CAP 8,827,491,714,441.29 Gainers Table Symbols Last Close Current Change GUINNESS 60.03 62.64 2.61 JBERGER 40 41.95 1.95 WAPCO 36 37.8 1.8…

Zenith Bank Suspends Plan to Raise N100 Billion

    Shareholders of Zenith Bank Plc on Wednesday approved the board of directors’ request to step down their plan to raise fresh capital for the bank businesses. Speaking at…