LivingTrust Mortgage Bank plans to offer 750m ordinary shares for public trading
Charles Abuede
August 25, 2021
LivingTrust Mortgage Bank, one of Nigeria’s private mortgage banks regulated by the CBN, has announced plans by its majority
FMDQ admits N25bn CPs, lists N25bn bonds belonging to Coronation MB
Charles AbuedeAugust 25, 2021
Two series of commercial papers (CPs) with a combined value of N25 billion and a fixed rate bond also valued at N25 billion belonging
FSDH quotes N19.6bn series 3-5 CPs on FMDQ to support short-term funding
Charles AbuedeAugust 24, 2021
FMDQ Exchange has approved the quotation of FSDH Merchant Bank Limited’s N2.28 billion series 3, N1.79 billion series 4, and N15.53
CBN’s aggressive CRR policy stunts banks’ ROE growth, says Agusto & Co
Charles AbuedeAugust 24, 2021
Nigeria’s banking industry’s possible 31.6 percent return on equity (ROE) achievement was stunted in 2020 by an aggressive Central
Airtel Africa closes first $150m investment by QIA for mobile money unit
Charles AbuedeAugust 20, 2021
Airtel Africa, which provides telecommunications and mobile money services in Africa, said it has made the first close of the Airtel
CBN warns MfBs against FX transactions, wholesale banking
Charles AbuedeAugust 20, 2021
The Central Bank of Nigeria (CBN) has reiterated its regulatory stance prohibiting Microfinance Banks (MFBs) in Nigeria from engaging
NGX investors gain N65bn from bargain hunting in MTN, Access Bank, Lafarge Africa
Charles AbuedeAugust 19, 2021
Investors took N65 billion in share price gains on Thursday from bargain hunting activities in MTN Nigeria, Access Bank and Lafarge
Naira takes hit in street at N520/$1, but T-bills yields go flat amid rates increase
Charles AbuedeAugust 19, 2021
FX Market The Nigerian Naira sank further by N5 on Thursday to close at N520 to the dollar after opening the day’s trading at N515 for
Nigerian Naira trading N517/$1 on Lagos streets after CBN freezes accounts over illegal FX sales
Charles AbuedeAugust 19, 2021
The Nigerian Naira is now trading at N517 to the dollar on Lagos parallel markets as demand for the United States currency continues
Trove, Bamboo, Risevest commit to Nigeria laws, regulations, assures customers over CBN’s freeze
Charles AbuedeAugust 18, 2021
Trove, Bamboo, Risevest, three of the investment and trading platforms whose bank accounts were recently ordered frozen by an Abuja