Business
BOI Secures €2 Billion Syndicated Loan to Boost Nigerian Trade
Bank of Industry (BOI) secures a record €2 billion syndicated loan facilitated by Africa Finance Corporation (AFC)
5 December 2024
Financial Agencies
Business
Analysts Applaud CBN’s New EFEMS for Transparency in Forex Market
Financial experts praise the Central Bank of Nigeria’s EFEMS initiative, aiming to boost transparency and efficiency in forex trading
4 December 2024
Business
Nigeria’s Eurobond Issue Oversubscribed by $9 Billion
Nigeria’s recent Eurobond issue achieved a $9 billion subscription, far exceeding the $1.7 billion target, signaling robust investor confidence and bolstering naira stability.
3 December 2024
Business
UBA Hosts First NQR Industry Committee Annual General Meeting
UBA on behalf of NIBSS, hosted the inaugural NQR Industry Committee AGM to advance financial inclusion and digital payment solutions in Nigeria.
2 December 2024
Business
CBN Introduces New Guidelines for Interbank Foreign Exchange Trading via EFEMS
CBN has unveiled new guidelines for interbank forex trading through the Electronic Foreign Exchange Matching System (EFEMS)
28 November 2024
Business
FG Raises Over ₦346 Billion From November 2024 Bond Auction
Nigeria’s Debt Management Office raised ₦346.155 billion in its November 2024 bond auction, reflecting high investor demand and increased marginal rates
22 November 2024
Business
Nigerian Banks Offer 8.18% Interest Rate on Savings Accounts Following CBN Policy Adjustment
Central Bank of Nigeria’s (CBN) monetary policy adjustment to 27.25%, 19 Nigerian banks now offer an 8.18% savings account interest rate.
21 November 2024
Business
Bitcoin Surges to All-Time High of $81,000
Bitcoin reaches a record All-Time High of $81,000 with a market capitalization of $1.6 trillion, driven by Donald Trump’s pro-crypto stance
11 November 2024
Business
FirstBank Fintech Summit 6.0: “Banking on Partnerships” to Unleash Innovation and Collaboration in Financial Technology
Join FirstBank’s 6th Annual Fintech Summit on November 13-14, 2024, a hybrid event themed “Banking on Partnerships.”
10 November 2024
Business
Moniepoint Appoints Former Stanbic IBTC Executive Bayo Olujobi as New CFO
Moniepoint Microfinance Bank welcomes Bayo Olujobi as its new CFO, bringing decades of expertise from Stanbic IBTC and financial innovation.
6 November 2024
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