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Money

FEATURED Latest Money TOP STORIES 

FBNH addresses concern over EGM row, gives update on rights issue

January 10, 2025January 10, 2025 Markets Reporters 0 Comments FBN Holdings, FBNH rights issue

FBN Holdings Plc (FBNH), the parent of First Bank of Nigeria, has said the dispute over an extraordinary general meeting

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FEATURED Latest Money TOP STORIES 

Nigerian central bank faces N30bn legal battle with sacked employees

January 7, 2025January 7, 2025 Markets Reporters 0 Comments CBN sacked employees, Central Bank of Nigeria

The Central Bank of Nigeria has been dragged to the National Industrial Court of Nigeria in Abuja by some of

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FEATURED Latest Money TOP STORIES 

GTCO is latest bank to complete first phase of capital raise 

January 7, 2025January 7, 2025 Markets Reporters 0 Comments GTBank, GTCO, GTCO capital raise

Guaranty Trust Holding Company Plc (GTCO), the parent company of GTBank, is the latest Nigerian lender to complete its first

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FEATURED Latest Money TOP STORIES 

Naira posts slight gain as dollar liquidity rises 3.93%

January 4, 2025January 4, 2025 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ, naira

The naira registered a slight gain against the dollar this week as liquidity in the official foreign exchange market rose

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FEATURED Latest Money TOP STORIES 

National Credit Guarantee Company to start operations in Q2, says Tinubu

January 1, 2025January 1, 2025 Markets Reporters 0 Comments

President Bola Tinubu said on Wednesday that the federal government will establish the National Credit Guarantee Company to expand risk-sharing

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FEATURED Latest Money TOP STORIES 

FCMB needs N260bn more after first phase of capital raise

December 30, 2024December 30, 2024 Markets Reporters 0 Comments FCMB, FCMB capital raise

First City Monument Bank now needs an additional N260 billion to retain its international banking licence after its recent public

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FEATURED Latest Money TOP STORIES 

Naira rises slightly while dollar liquidity sinks 45% 

December 28, 2024December 28, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ Exchange, naira

The Nigerian naira rose by 0.24 percent against the dollar this week, even as the liquidity in the official foreign

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FEATURED Latest Money TOP STORIES 

Access Bank raises capital base above new CBN threshold

December 25, 2024 Markets Reporters 0 Comments Access Bank, Aigboje Aig-Imoukhuede, CBN bank recapitalisation

Access Holdings Plc said it has secured the full regulatory approvals of the Central Bank of Nigeria (CBN) and the

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FEATURED Latest Money TOP STORIES 

CBN gives BDCs 43-day access to official forex market

December 20, 2024December 21, 2024 Markets Reporters 0 Comments BDCs in Nigeria, CBN, Nigeria Foreign Exchange Market

The Central Bank of Nigeria (CBN) has granted Bureau de Change operators (BDCs) temporary access to the Nigeria Foreign Exchange

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FEATURED Latest Money TOP STORIES 

AfDB embarks on new headquarters building project 

December 17, 2024December 17, 2024 Markets Reporters 0 Comments AfDB, AfDB headquarters building project

The African Development Bank Group’s Boards of Directors have approved yesterday the proposal by the Bank’s Management to construct a

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