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Money

FEATURED Latest Money TOP STORIES 

Jaiz Bank’s half-year profit rises 27%

July 31, 2022July 31, 2022 Markets Reporters 0 Comments Jaiz Bank Plc

Jaiz Bank Plc posted a profit after tax of N2.54 billion for the first half of 2020, up from about

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FEATURED Latest Money TOP STORIES 

Sterling Bank’s half-year profit jumps 41%

July 30, 2022July 30, 2022 Markets Reporters 0 Comments Sterling Bank

Sterling Bank Plc has said its profit after tax for the first half of 2022 rose by 40.8 percent year-on-year

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FEATURED Latest Money TOP STORIES 

FX market turnover falls 43%, naira weakens further: FMDQ

July 30, 2022July 30, 2022 Markets Reporters 0 Comments FMDQ Group, FX market turnover, NAFEX, Naira weakness

The total turnover in the FX spot and derivatives markets fell by 42.81 percent this week to $538.30 million from $941.28 million

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FEATURED Latest Money TOP STORIES 

FBN Holdings’ half-year profit jumps 48%, customer deposits top N6tn

July 29, 2022July 29, 2022 Markets Reporters 0 Comments FBN Holdings, First Bank of Nigeria

FBN Holdings Plc, the holding company of First Bank of Nigeria Limited, has reported a profit of N56.54 billion for

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FEATURED Latest Money Stocks 

Union Bank’s H1 profit hits N12.3bn on higher interest income

July 29, 2022July 29, 2022 Markets Reporters 0 Comments Mudassir Amray Union Bank CEO, Titan Trust Bank, Union Bank of Nigeria

Union Bank of Nigeria Plc has reported a profit before tax of N12.3 billion for the first half of this

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FEATURED Latest Money TOP STORIES 

FCMB’s half-year profit surges 80% as interest income rises

July 26, 2022July 26, 2022 Markets Reporters 0 Comments FCMB, First City Monument Bank

FCMB Group has reported a profit after tax of N13.66 billion for the first half of this year, compared to

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FEATURED Latest Money TOP STORIES 

US agency partners Access Bank, commits $280m for Nigerian SMEs

July 25, 2022July 25, 2022 Markets Reporters 0 Comments Access Bank, US International Development Finance Corporation

US International Development Finance Corporation (DFC) has signed a commitment letter for $280 million in financing for Access Bank Plc

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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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