GTBank unveils plan to acquire Kenyan lender
Guaranty Trust Bank Plc, Nigeria’s biggest lender by market value, has said it plans to acquire a Kenyan lender as
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Author: Markets Reporters
Nigeria plans to resume international flights at three more airports
The Minister of Aviation, Senator Hadi Sirika, has said plans are underway to resume international flight operations at the Mallam
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Nigeria’s finance minister confirms another naira devaluation
The Federal Government of Nigeria has adopted a new flexible exchange-rate policy for official transactions in a move that effectively
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International Breweries posts N12.37bn annual loss
International Breweries Plc has reported a loss of N12.37 billion for the 2020 financial year, compared with N27.79 billion in
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Pressures on naira likely to persist, says FDC
Pressures on the naira at the parallel market as well as the investors’ and exporters’ window are likely to persist
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CBN MPC: Analysts see no scope for monetary policy easing
As the Monetary Policy Committee of the Central Bank of Nigeria begins its two-day meeting today, analysts at Capital Economics
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GTBank increases solar-powered branches to 48, diesel consumption drops
Guaranty Trust Bank Plc says the total number of its branches/business offices powered by solar energy increased by six last
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Wema Bank appoints new executive director
The Board of Directors of Wema Bank Plc had announced the appointment of Mr Chukwuemeka Obiagwu as an executive director
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Nigeria’s stagflation caused by poor policy choices: Capital Economics
Nigeria is stuck in stagflation, occasioned by poor policy choices, a London-based economic research company, Capital Economics, has said. Stagflation is
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Nigeria’s forex reserves may fall to $33bn – Rewane’s FDC
Nigeria’s foreign exchange reserves may fall to $33 billion in the coming month despite higher crude oil prices, Financial Derivatives
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