The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange...
The National Insurance Commission, NAICOM, has directed insurance firms in the country to maintain sanctity of insurance contracts entered into with clients. In a circular titled...
By Hussein Sayed, Chief Market Strategist at FXTM Investors have suffered a tough start to the second quarter due to the coronavirus pandemic. After climbing 17.9%...
Banks in Nigeria are placing limits on the amount any individual can withdraw from the ATMs using their debit cards while they are abroad. According to...
Securities and Exchange Commission (SEC) will henceforth impose sanction on any capital market operator or company that alters approved transaction document without approval of the Commission,...
Out of the N65.21tn loans granted by Deposit Money Banks in 2019, about N5.28 trillion of them are non-performing loans. The figure is contained in the...
By Lukman Otunuga, Senior Research Analyst at FXTM On March 26, Nigeria joined many other nations banning flights into the country and urging shelter-in-place, social isolation practices...
By Lukman Otunuga, Senior Research Analyst at FXTM Fears over Nigeria descending into a recession have intensified after US crude tested levels below $20 for the...
NOVA Merchant Bank has announced a donation of various relief materials to the vulnerable sector in Lagos. This is in response to the fight against the...
Central Bank of Nigeria (CBN) has suspended indefinitely, the clearing of cheques instruments in the Nigerian clearing system The apex bank said this in a circular...