Money Market
NEXIM secures Bbb+ rating, doubles profit to N30.47b in 2024
WorldStage-- The Nigerian Export-Import Bank (NEXIM) has secured a Bbb+ rating from Agusto & Co. Ltd., reflecting its strong financial...
Read moreDetailsSanwo-Olu says Ecobank Design & Build initiative aligns perfectly with vision to build a modern, livable, and sustainable Lagos
Governor of Lagos State, Babajide Sanwo-Olu, has commended the Ecobank Design & Build Exhibition, describing the initiative as perfectly aligned...
Read moreDetailsNigeria’s Banking Industry and Standard Bank Dominance: The challenges to mobilise capital, finance development, command investor trust
By Blaise Udunze -- It is a sobering reality that one South African bank, Standard Bank Group, has a market...
Read moreDetailsAMCON sells 34% Stake in Unity Bank to Providus, strengthening merger deal
The Asset Management Corporation of Nigeria (AMCON) on Thursday offloaded 34 per cent of its stake in Unity Bank Plc...
Read moreDetailsShareholders endorse Providus–Unity Bank combination, boosting confidence in CBN’s banking reforms
Rising from a court-ordered Extraordinary General Meeting (EGM) on Friday, the shareholders and Boards of Directors of Providus Bank and...
Read moreDetailsTAJBank surpasses CBN’s minimum capital requirement
*Lauds CBN on regulatory policy initiatives TAJBank, Nigeria’s fastest growing non-interest banks, has met the Central Bank of Nigeria’s (CBN’s)...
Read moreDetailsCBN cautions against abuse of Naira, says it drives up printing costs
WorldStage-- Central Bank of Nigeria (CBN) on Wednesday warned Nigerians against continued habit of abusing the national currency notes and...
Read moreDetailsFirstBank set to launch tailored financial services for blind and physically challenged customers
FirstBank, the premier West African bank and a leading financial inclusion service provider, is set to introduce tailored financial services...
Read moreDetailsGTCO records N600.9b pretax profit in H1 2025, sustains strong performance on core earning lines growth
Guaranty Trust Holding Company Plc (GTCO) has released its Audited Consolidated and Separate Financial Statements for the period ended June...
Read moreDetailsCBN cuts interest rate to 27%, as 14 banks fully met new capital requirement
WorldStage-- The Monetary Policy Committee (MPC) of the CBN on Tuesday reduced Nigeria’s baseline interest rate known as the Monetary...
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