Saudi British Bank secures binding deal for $5bn acquisition of Alawwal
By Meletus EZE Saudi British Bank (SABB) and smaller rival Alawwal Bank are merging to create Saudi Arabia’s third-biggest lender with a market capitalisation of
Category : Finance
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World Investors Week: SEC charges Nigerians on financial inclusion
By Aliyu DANLADI The Securities and Exchange Commission (SEC) on Thursday charged Nigerians to key into the financial system and invest in the capital market.
NSE Downturn: Financial analysts advise investors to increase stocks
By Aliyu DANLADI Some financial analysts on Thursday urged capital market investors to take the advantage of the current low price of equities to increase
Naira appreciates against dollar at investors’ window
By Giwa SHILE The Naira on Thursday appreciated marginally against the dollar at the Investors’ Window (I & E), exchanging at N363. 57, stronger than
Afreximbank urge African banks to utilise trade facilitation programme
By Aliyu DANLADI African Export-Import Bank (Afreximbank) has urged African banks to key into Afreximbank’s Trade Facilitation Programme(AFTRAF). Afreximbank Guarantees and Specialised Finance Unit, Ms
NSE trading maintains bearish trend, All-Shares index dips by 257.62 points
By Thompson ABISOLA The bears continued to dominate trading on the Nigerian Stock Exchange (NSE) with the All-Share Index dropping further by 257.62 points. The
World Bank forecasts 2.7% growth for sub-Saharan Africa in 2018
By Giwa SHILE The World Bank has cut its forecast for growth of sub-Saharan Africa in 2018 to 2.7 per cent, down from an earlier
Liberia central bank denies it lost $100 million
By Meletus EZE Liberia’s central bank did not lose more than 100 million dollars in newly printed notes, its governor said on Tuesday. He was
