Author: Kingsley Ighomwenghian

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Afrexim Bank, Heirs Holdings Sign $600M Loans To Boost Energy Investments

Afrexim Bank, Heirs Holdings Sign $600M Loans To Boost Energy Investments

African Export-Import Bank (Afrexim) on Tuesday, December 11, 2018, signed $600m financing facilities with Heirs Holdings Group, a pan-African proprie...
CBN injects $210m To Boost Forex Market

CBN injects $210m To Boost Forex Market

The Central Bank of Nigeria (CBN), in continuation of its intervention in the foreign exchange market, has injected another sum of $210m to boost sale...
NDIC Becomes Member Of Islamic Finance Board

NDIC Becomes Member Of Islamic Finance Board

The Nigeria Deposit Insurance Corporation (NDIC), on Tuesday said it has, like the Central Bank of Nigeria (CBN), been admitted to full membership of ...
Naira Devaluation Fears Drive Nigerian Banks Out Of Eurobond Market

Naira Devaluation Fears Drive Nigerian Banks Out Of Eurobond Market

There are indications that four Nigerian banks: FirstBank, Guaranty Trust, Diamond Bank and Access Bank are reducing their appetite to lend and bo...
Photo News: SAHCOL Holds Fact Behind Offer, Sounds Closing Gong On NGSE

Photo News: SAHCOL Holds Fact Behind Offer, Sounds Closing Gong On NGSE

Caption: Olaniyi Adigun, Executive Director Sales & Marketing Skyway Aviation Handling Company Plc (third left) sounding the closing gong to close tra...
Training, Capacity Building: CIBN Certifies UBA Academy

Training, Capacity Building: CIBN Certifies UBA Academy

The Chartered Institute of Bankers of Nigeria (CIBN) has granted UBA Academy, training and capacity building institution of the United Bank for Africa...
C&I Leasing Gets NSE’s Nod For 4:1 Share Capital Reconstruction

C&I Leasing Gets NSE’s Nod For 4:1 Share Capital Reconstruction

The board of C&I Leasing Plc, on Monday informed shareholders and other capital market stakeholders that it has received the blessing of the Nigerian ...
Capital Hotel Explains, N503.6m Judgment Debt, Garnishee Order

Capital Hotel Explains, N503.6m Judgment Debt, Garnishee Order

The board of Capital Hotels Plc, on Monday notified shareholders through the Nigerian Stock Exchange (NSE) of a judgment debt to the tune of N503.6m i...
Sustained Decline Indicators On NGSE Paves Way For Bargain Hunting, Rebalancing

Sustained Decline Indicators On NGSE Paves Way For Bargain Hunting, Rebalancing

Market Update for December 10 It was certainly another black Monday on the Nigerian Stock Exchange (NSE) as its composite All-Share index closed be...
CBN To Bar Importers Of 41 Items From Operating Bank Accounts In Nigeria

CBN To Bar Importers Of 41 Items From Operating Bank Accounts In Nigeria

The Central Bank of Nigeria (CBN), on Monday moved beyond merely accusing the nation’s banks of circumventing its ban on 41 items from accessing the o...
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