Business

Bank capitalization: Access Holdings plans raising $1.5bn

Access Holdings Plc has unveiled plans to establish a capital raising programme of up to $1.5 billion or its equivalent.…

2 years ago

MTN, banks’ stocks raise equity market gains by N157bn

Renewed interest in MTN Nigeria, alongside sustained interest in Tier-one banks’ stocks, on Thursday, March 28, 2024, further raised the…

2 years ago

Naira drops, exchanges at N1,309 against dollar

The naira experienced a slight depreciation at the official market, trading at N1,309.39 to a dollar on Thursday, March 28,…

2 years ago

CBN pegs minimum capital base For banks at N500bn

The Central Bank of Nigeria (CBN) has put the minimum capital base for commercial banks with international authorisation at N500…

2 years ago

Naira gains 5.97% against dollar at official market

The naira appreciated against the dollar by 5.97 per cent at the official market on Wednesday, March 27, 2024. The…

2 years ago

Tinubu orders single-digit tax system in Nigeria

President Bola Tinubu has given a directive for a single-digit tax system in Nigeria. The Chairman of the Federal Inland…

2 years ago

Nigeria’s public debt stock hits N97.34trn in Q4 2023

Nigeria’s public debt stock increased from N87.91 trillion ($114.35 billion) in the third quarter of 2023 to N97.34 trillion ($108.23…

2 years ago

Naira gains, exchanges at N1,382 against dollar

The naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on Tuesday, March 26,…

2 years ago

CBN raises interest rate to 24.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 200 basis points to 24.75 per…

2 years ago

Stock market transactions drop by 20.04% as investors lose N289bn

The stock market experienced a 20.04 per cent decline in transaction value on Monday, March 25, 2024. Dangote Sugar and…

2 years ago

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