Finance

Shareholders laud DangCem on N30 dividend payout, Gear for sustained higher returns

Lower Cement pricing with stabilizing FX regime Chairman Dangote Cement Plc, Mr Aliko Dangote has assured shareholders and stakeholders of sustained improved...

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DMO Set for N100bn Bond Auction

As Fixed Income Market Rallies on Ratings Boost, Strong Demand In the new week, analysts expect bullish momentum to persist across both...

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N283.79bn NT-Bills Matures as money market rates spikes

Tight interbank funding prevails BY BONNY AMADI In the new week, N283.79 billion worth of NT-Bills are set to mature this week,...

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FirstHoldCo Commits to Cure SOL Breach, Re-tenor Forborne Loans, 2025 Dividend payment

FirstHoldco Plc has reassured its shareholders and stakeholders of the commitment of the holding company to cure its single obligor Limit (SOL)...

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CBN Forbearance: Zenith, AccessCorp, Fidelity, FCMB State Compliance Levels

…Announce next Dividend Payment Plans BY BONNY AMADI Four Nigerian top tier banks have announced their commitments to complying with the Central...

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CBN Affirms Strength of Banking Sector, Lauds ongoing Capital Adequacy Boost

Issues Routine Transitional Guidance for Select Institutions BY Bonny Amadi The Central Bank of Nigeria (CBN) has once again, reiterated the formidable...

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NGX Group, SEC pursue capital market diplomacy to deepen Nigeria-China financial ties

In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX Group) and...

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Why CBN halted Dividend, Foreign Investments for Banks under forbearance

BY Bonny Amadi The Central Bank of Nigeria (CBN) has ordered banks currently operating under regulatory forbearance to suspend dividend payments to...

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