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Money Market

Ecobank Wins Starsight Sustainability Award 2020  

      Leading West African Commercial and industrial solar power and cooling provider, Starsight says Ecobank is well placed to be the market leader in the...

Currency in circulation dips to N2.78tn

  Currency in circulation in the country dropped by N50bn to N2.78tn in February from N2.83tn as of January, the latest figures obtained from the...

CBN disburses N1.487trn to boost food security

                 Emefiele, The Central Bank of Nigeria, CBN, says it has disbursed N1.487 trillion under its various agricultural programmes to...

AMCON amendment bill scales 2nd reading at Senate

  A bill seeking to amend the Asset Management Corporation of Nigeria, AMCON, Act on Tuesday scaled second reading at the Senate. The bill was...

2020 Audited Results: Ecobank Group Posts N641.8 Billion Revenue  

    Ecobank Group has recorded a revenue of N641.8 billion for the year ended December 31, 2020, representing nine per cent increase compared with N586.9...

CBN retains lending rate at 11.5%,

      ...LCCI tasks CBN on foreign exchange policy   The Central Bank of Nigeria, CBN, has retained lending rate at 11.5 per cent. The CBN Governor, Godwin...

NQR payment solution will encourage contactless payments – Ecobank MD

The Managing Director, Ecobank Nigeria, Patrick  Akinwuntan, has said that the introduction of the Nigeria Quick Response, NQR, code payment solution by the Nigeria...

AMCON Takes Possession Of Centage Estate,Trade Center, Others Over N3.5bn Debt

    Following the order of Honourable Justice C.J. Aneke of the Federal High Court Lagos Division, the Asset Management Corporation of Nigeria, AMCON, has taken...

GTBank posts N238.1bn PBT in 2020

    Guaranty Trust Bank Plc, on Thursday announced a profit before tax of N238.1bn in its audited financial results for the year ended Dec. 31, 2020...

Union Bank’s profit soars by 1.14% to N24.65b in 2020

  Union Bank of Nigeria Plc has released its audited financial statements for the year ended 31st December 2020 with gross earnings down 1.9% to N156.9...