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Money

FEATURED Latest Money TOP STORIES 

Access Bank aims to double customers in three years

October 30, 2024October 30, 2024 Markets Reporters 0 Comments Access Bank, Access Holdings, Roosevelt Ogbonna

Access Bank has said it is looking to almost double its customer base to 125 million by 2027, even as

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FEATURED Latest Money TOP STORIES 

FX market liquidity drops as traders shun derivatives: FMDQ data

October 26, 2024October 26, 2024 Markets Reporters 0 Comments FMDQ Exchange, FX market liquidity

Liquidity in the Nigerian foreign exchange market dropped 7.66 percent this week as traders steered clear of derivatives including forwards

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FEATURED Latest Money TOP STORIES 

Nigeria says no delay in bond payments after Bloomberg report 

September 20, 2024September 20, 2024 Markets Reporters 0 Comments FGN Savings Bond

The Nigeria government has said there are no outstanding payments following a Bloomberg report that quoted the head of the

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FEATURED Latest Money TOP STORIES 

Naira plunges against dollar despite increased forex liquidity

September 15, 2024September 15, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ Exchange, Naira rate

The naira finished lower against the dollar last week despite the increase in liquidity on the official foreign exchange market,

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FEATURED Latest Money TOP STORIES 

AfDB launches new $2bn social bond in 60th anniversary week

September 12, 2024September 12, 2024 Markets Reporters 0 Comments AfDB, AfDB 60th anniversary, AfDB social bond

The African Development Bank (AfDB) has launched and priced a new $2 billion 5-year Social Benchmark transaction due 18 September

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FEATURED Latest Money TOP STORIES 

AFC plays key role as Nigeria’s domestic dollar bond surpasses expectations 

September 11, 2024September 11, 2024 Markets Reporters 0 Comments Africa Finance Corporation, Domestic dollar bond

Africa Finance Corporation (AFC) has announced the issuance of an inaugural $500 million domestic dollar bond from the Federal Government

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FEATURED Latest Money Stocks 

FG’s $500m domestic bond believed to be 100% oversubscribed: Rewane

September 7, 2024September 7, 2024 Markets Reporters 0 Comments $500 FGN Dollar Bond, Bismarck Rewane, Financial Derivatives Company

The federal government is believed to have secured $1 billion for the $500m dollar bond issued locally last month, the

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FEATURED Latest Money TOP STORIES 

Meet the people behind the consortium buying FBN Holdings’ merchant bank

September 7, 2024September 9, 2024 Markets Reporters 0 Comments Aion Investments, EverCorp Industries, EverQuest Acquisition LLP, FBN Holdings, FBNQuest Merchant Bank

FBN Holdings, the parent company of First Bank of Nigeria, has agreed to sell its 100% equity stake in FBNQuest

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FEATURED Latest Money TOP STORIES 

Naira slides as weekly dollar liquidity extends decline

August 25, 2024August 25, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ, NAFEX, naira

The naira closed weaker last week as dollar liquidity in the official market declined by 10.29 percent, according to data

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FEATURED Latest Money TOP STORIES 

Naira will see bright days ahead, say FDC analysts

August 24, 2024August 24, 2024 Markets Reporters 0 Comments Bismarck Rewane, Dangote refinery, naira, Nigerian naira

Nigeria’s currency, which has been less volatile in recent months, is expected to appreciate against the dollar by the end

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