(Bloomberg) -- Nigerian lenders are tapping expensive short-term commercial papers to plug temporary liquidity gaps as the ...

Policies by the Central Bank of Nigeria (CBN) are undoubtedly stabilising the foreign exchange market as well as improving the foreign reserve outlook. But there are questions on whether a N1000/$ is ...

Since its establishment in 2007, the Africa Finance Corporation has defied expectations. This rela- tively new development ...

Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant ...

The Nigerian Exchange (NGX) market capitalisation which represents the market value of all listed companies gained N3.494 ...

Rotimi Oyekanmi, Board Chairman (second left); Cecile Chahid- Nourai,Chief Group Operating Officer (third left); Eric Ntumba, Managing Director/CEO, Baobab Nigeria (third right); Frederic Flejou ...

THE recapitalisation process in Nigeria’s banking sector has been marked by a surge in private placement exercises, as financial institutions seek to inject fresh capital to bolster their balance ...

This situation led to a severe shortage of dollars within the country, causing volatility in the forex market as the Central ... Nigeria, to establish at least 100 branches and target a balance ...

1 Day CENTRALBK -2.71% DJIA 1.00% S&P 500 0.55% Financial Services -1.92% Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect ...

As the Nigerian stock market enters the second quarter (Q2) of 2025, analysts and investors are assessing key economic ...

Banks Recapitalization, Low Money Market Yield Driving Equities Market Growth—Experts The Nigerian Exchange Limited (NGX) ...