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Money

FEATURED Latest Money TOP STORIES 

AIICO Insurance posts sevenfold jump in quarterly profit

June 1, 2024June 1, 2024 Markets Reporters 0 Comments AIICO Insurance

AIICO Insurance Plc has reported a profit before tax of N10.08 billion for the first three months of this year,

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FEATURED Money TOP STORIES 

Access Holdings chair Aig-Imoukhuede gets lifetime achievement award

May 29, 2024 Markets Reporters 0 Comments Access Holdings, African Banker, Aigboje Aig-Imoukhuede

Aigboje Aig-Imoukhuede, chairman of Access Holdings Plc and Coronation Group, has been honoured with the African Banker Lifetime Achievement Award. 

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FEATURED Latest Money TOP STORIES 

FCMB doubles dividend, gets shareholders’ nod to raise N150bn

May 26, 2024May 26, 2024 Markets Reporters 0 Comments FCMB, FCMB capital raise, Oladipupo Jadesimi

Shareholders of FCMB Group Plc have approved a 100 percent increase in dividend to 50 kobo for the 2023 financial

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FEATURED Latest Money TOP STORIES 

Naira gains as weekly forex liquidity rises to $1.45bn

May 26, 2024May 26, 2024 Markets Reporters 0 Comments Naira against dollar, Nigeria forex liquidity

Foreign exchange liquidity on the official market rose by 7.41 percent last week, helping the Nigerian naira to strengthen against

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FEATURED Latest Money 

Heirs Holdings CEO joins UBA board

May 24, 2024May 24, 2024 Markets Reporters 0 Comments Emmanuel Nnorom, Heirs Holdings CEO, UBA

The United Bank for Africa Plc (UBA) has appointed Emmanuel Nnorom, group CEO of Heirs Holdings, as a non-executive director

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FEATURED Latest Money TOP STORIES 

FBN Holdings profit more than doubles despite N332bn forex loss

May 24, 2024 Markets Reporters 0 Comments FBN Holdings, First Bank of Nigeria

FBN Holdings Plc, the parent company of Nigeria’s oldest bank, posted a 127 percent increase in its annual pretax profit

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FEATURED Latest Money TOP STORIES 

Naira slide stokes fears of domiciliary account clampdown

May 11, 2024May 11, 2024 Markets Reporters 0 Comments CBN, Domiciliary account deposits, Naira slide

The steep fall of the naira in recent weeks coupled with the measures taken to prop up the embattled currency

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FEATURED Latest Money TOP STORIES 

Naira heads to two-month low on lower dollar liquidity

May 11, 2024 Markets Reporters 0 Comments dollar liquidity in Nigeria, FMDQ, naira

The decline in dollar liquidity has dragged the Nigerian currency to the lowest since March 20 on the official market,

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FEATURED Latest Money TOP STORIES 

Standard Chartered Bank Nigeria gets new CEO

April 28, 2024April 28, 2024 Markets Reporters 0 Comments Dalu Ajene, RMD Nigeria, Standard Chartered Bank Nigeria

Standard Chartered Bank has announced the appointment of Dalu Ajene as the chief executive officer of its operations in Nigeria. 

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FEATURED Latest Money TOP STORIES 

Naira extends decline against dollar on official market 

April 23, 2024April 23, 2024 Markets Reporters 0 Comments FMDQ, Naira against dollar

The Nigerian currency pared more of its recent gains on Monday as it weakened to N1,234.49 per dollar on the

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