PAPSS transaction to Kenya Prudential Bank Limited has reaffirmed its commitment to enhancing and supporting cross border trade, payments and settlements on the African continent through its ...

The Nigerian stock market yesterday commenced the trading week on a bearish note as losses in Nestle Nigeria Plc and 23 others dragged the overall ...

The Nigerian Exchange Limited (NGX) has resumed trading on bearish note this week as capitalisation declined by N22 billion amid losses ...

The Central Bank of Nigeria (CBN) yesterday underscored the importance of banking recapitalisation as a major catalyst for the achievement of the $1 trillion economy agenda of the government.

Sophisticated banking has funding sources other than deposits. This diminishes the latter’s relative importance and thus also how useful a bank or banking sector’s credit-deposit ratio is. It may be ...

The Central Bank of Nigeria has warned deposit money banks to avoid raising capital from illicit sources as part of the ongoing recapitalisation exercise.The apex bank said the measure was necessary ...

Asian stocks rose on Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for ...

This came as Group Managing Director/Chief Executive, United Bank for Africa (UBA)/ Chairman ... that Nigerians banks remained on sound footing with all indicators and prudential thresholds within ...

ShareThe Nigerian stock market opened the week in retreat, as investor caution and blue-chip sell-off drove a modest but telling decline in equity valuations. Weighed down chiefly by losses in Nestlé ...