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Finance
837 posts
CBN approves N700bn to boost Unity, Providus banks’ merger
By Stanley Onyeka, Lagos and Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN), has announced the approval…
U.S. farm agency to provide discrimination payments to 43,000 farmers
The U.S. Department of Agriculture said on Wednesday it has issued $2 billion of financial assistance to more…
Global accounting body wants more rigour in showing climate impacts
A global accounting body on Wednesday proposed guidance on how companies can do more to show the impact…
Relaunched N110bn Youth Investment Fund receives 80,000 applications – Minister
Nigeria’s Ministry of Youth Development has announced that the relaunched N100b restructured Nigeria Youth Investment Fund (NYIF) has received…
Zenith Bank to raise N290bn in public offering
By Stanley Onyeka, Lagos Zenith Bank Plc said it plans to raise N290 billion through a combination of…
Recapitalisation: FCMB Group to raise N397 billion in three phases
FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank…
Reps committee queries MOFI over unauthorised spending
The House of Representatives Committee on Public Assets has queried the Ministry of Finance Incorporated (MOFI), over its…
CAC issues guidelines for banks’ recapitalisation
By Stanley Onyeka, Lagos Financial institutions or banks pursuing recapitalisation plans must submit an approved name reservation or…
Senate passes 2024 Appropriation Act Amendment bill of N6.2trn
The Senate on Tuesday at plenary, passed the 2024 Appropriation Act Amendment Bill of N6.2 trillion, presented for…
Sycamore, others win in second edition of NSIA Prize for Innovation
The Nigeria Sovereign Investment Authority (NSIA) has announced Sycamore as the winner of the second edition of the…