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FEATURED General Money TOP STORIES 

FG borrows more from CBN, now owes it N19tn

June 4, 2022June 4, 2022 Markets Reporters 0 Comments CBN, DMO, Ways and Means Advances

Despite growing concerns about its repeated recourse to central bank financing, the Federal Government borrowed N1.55 trillion from the Central

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FEATURED Latest Money TOP STORIES 

Dollar scarcity deepens as Nigeria’s forex reserves hit seven-month low

May 28, 2022May 28, 2022 Markets Reporters 0 Comments CBN, dollar scarcity in Nigeria, Forex reserves

The shortage of dollars in Africa’s biggest economy is worsening as its foreign exchange reserves have dropped to a seven-month

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FEATURED Latest Money TOP STORIES 

GTCO completes acquisition of Investment One Funds Management

February 7, 2022February 7, 2022 Markets Reporters 0 Comments GTCO, Investment One Funds Management

Guaranty Trust Holding Company Plc announced on Monday that it had completed the acquisition of 100 percent shares in Investment

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FEATURED Latest Money TOP STORIES 

Access Bank warns of investment entity promising ‘mouth-watering returns’

January 12, 2022January 12, 2022 Markets Reporters 0 Comments Access Bank

Access Bank Plc has dissociated itself from an online investment entity, known as Access Capital Investment Platform, promising “mouth-watering returns”.

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FEATURED Latest Money TOP STORIES 

Nigeria’s Stanbic IBTC Holdings to establish fintech subsidiary

January 11, 2022January 11, 2022 Markets Reporters 0 Comments Stanbic IBTC Financial Services Limited, Stanbic IBTC Holdings

Stanbic IBTC Holdings Plc announced on Tuesday that it had commenced the process of seeking regulatory approvals to establish a

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FEATURED Latest Money TOP STORIES 

First Bank board gets new executive directors

January 6, 2022January 6, 2022 Markets Reporters 0 Comments FBN Holdings, First Bank of Nigeria

FBN Holdings Plc has announced the appointment of three executive members to the board of directors of its subsidiary, First

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FEATURED Latest Money TOP STORIES 

Ecobank appoints MD-designate for Nigerian subsidiary as Akinwuntan bows out

December 6, 2021December 6, 2021 Markets Reporters 0 Comments Ecobank Group, Ecobank Nigeria, Mobolaji Lawal

Ecobank Group, a pan-African banking group, announced on Monday that Mobolaji Lawal has been appointed as Regional Executive and Managing

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FEATURED Latest Money TOP STORIES 

Bitcoin posts biggest daily gain since July, tops $47,000

October 1, 2021October 1, 2021 Markets Reporters 0 Comments Bitcoin, Coin, Cryptocurrency, Tokens

Bitcoin jumped on Friday, rising in a matter of minutes to its biggest daily gain since July, and other digital

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FEATURED Latest Money TOP STORIES 

Afreximbank, AfCFTA roll out payment, settlement system

September 29, 2021September 29, 2021 Markets Reporters 0 Comments AfCFTA, Afreximbank, Pan African Payment and Settlement System, PAPSS

African Export-Import Bank and AfCFTA Secretariat have announced the operational roll-out of the Pan-African Payment and Settlement System. PAPSS was

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FEATURED Latest Money TOP STORIES 

Nigeria’s forex reserves hit eight-month high of $36.26bn

September 29, 2021September 29, 2021 Markets Reporters 0 Comments CBN, Forex reserves in Nigeria, IMF SDR

Nigeria’s foreign exchange reserves have jumped to the highest level in eight months, according to the latest data from the

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