Capital Market
The COMESA Competition Commission has approved the planned acquisition of the National Bank of Kenya (NBK) by a major Nigerian lender, Access Bank.
The CBN has ordered immediate removal of bank CEOs and chairmen who do not release their annual financial statements within 12 months of the year's conclusion.
A US court has slammed a $250 million fine on Nigerian billionaire and his firms with a fine of $250 million for infractions and barred him from trading in stocks,
About six commercial banks in Nigeria have reported a surge in profit of N979.19 billion in the first half of 2024, with Ecobank leading the pack during the period.
The Central Bank of Nigeria (CBN) has slashed the foreign exchange rates for cargo clearance in Nigerian ports following gains the naira against the dollar.
The Debt Management Office (DMO) has unveiled a new opportunity for subscription to Federal Government of Nigeria (FGN) savings bonds, priced at N1,000 per unit.
Following the CBN's instruction for the country's banks to improve the market capitalization of banking equities listed on the NGX dropped by over N1.62 trillion.
Top Nigerian banks are poised to raise N1.26 trillion in the capital market to meet the Central Bank of Nigeria's (CBN) recapitalization requirements.
The stocks of Dangote Industries Limited dropped about N1.2 trillion in market capitalisation in July, dragging the All-Share Index of the NGX to 1,9 trillion loss.
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