23.6 C
Nigeria
Sunday, December 17, 2017
Ecobank describes new ED’s appointments as strategic to future success

S&P revises Ecobank Nigeria’s outlook to stable

Standard & Poor’s (S&P) ratings has revised its outlook on Ecobank Nigeria Limited to stable from negative and affirmed its ‘B/B’ long- and short-term...
Naira extends gain at official forex market, others

Analysts predict further gains for Naira in 2017, weaker in YE18

Some group of financial analysts at Renaissance Capital limited have forecasted a stronger external sector and tighter monetary policy imply the Nigerian currency, Naira...
Nigeria government to raise N270-N330bn in bonds in Q4 – DMO

Nigeria government to raise N270-N330bn in bonds in Q4 – DMO

The Debt Management Office (DMO) has said that the Federal Government has concluded plans to raise between N270 billion and N330 billion ($857 million...
Naira appreciated by 30.3% against dollar in 10 months

Naira appreciates further at all foreign exchange markets, windows

The Nigerian currency, Naira, on Wednesday extended its gains at against the three major foreign currencies at all the foreign exchange markets and widows. The...
Stanbic IBTC, Ecobank led 8 others in N65tr market turnover

Stanbic IBTC, Ecobank led 8 others in N65tr market turnover

Stanbic IBTC Holdings Plc and Ecobank Nigeria Ltd led eight other commercial banks in 70.71 per cent or N64.92 trillion of the overall turnovers...
Leasing industry targets Nigerian health care development

Leasing industry targets Nigerian health care development

The Equipment Leasing Association of Nigeria (ELAN) has moved to further contribute to the healthcare sector in Nigeria in line with its developmental role. The...
GTBank to launch International Cash tender offer of $400m

GTBank to launch International Cash tender offer of $400m

Guaranty Trust Bank Plc (GTBank) has announced plans to launch an invitation to holders of its $400 million 6.000 per cent Notes due 2018...
CBN, banks to blacklist exporters for non-repatriation of dollar earnings

Why regulators sanction four DMBs N213.7m in H1 2017

The apex financial sector regulating bodies in Nigeria, Central Bank of Nigeria (CBN)  and Securities and Exchange Commission (SEC) have slammed five commercial banks...
Naira appreciated by 30.3% against dollar in 10 months

Naira appreciates to N366/$1 at parallel market

...As autonomous transacts $363.6m in one day The Nigerian currency, Naira on Monday gained 0.27 per cent to close at N366 per Dollar against 367...
MPC meeting: Pressure mounts over MPR rate reduction

MPC meeting: Pressure mounts over MPR rate reduction

Pressure from different financial stakeholders in the country have continued to mount on the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...