Finance

Rating action signals improved prospects for the lender’s credit profile, although capital adequacy and foreign-subsidiary exposures remain important considerations.

Corporation’s latest public-auction and competitive-bidding notice highlights the continuing effort to realise assets belonging to defunct financial institutions.

The appointment places Nigeria’s central bank governor at the head of the African infrastructure financier’s board as the corporation pursues...

Major Nigerian banking stocks come under renewed selling pressure, with GTCO leading transaction value and Access Holdings recording the highest...

Selling pressure hits major banking equities despite improved market turnover, with Zenith Bank leading transaction value and Access Holdings recording...

Overnight borrowing costs edge higher as Open Market Operations and Treasury bill settlements absorb funds from the banking system.

Deposit insurance agency says cumulative compensation to insured depositors has reached ₦69.65 billion as it strengthens consumer protection and confidence...

Deposit insurer says Nigerians should verify financial institutions before committing their savings as Ponzi schemes and unrealistic investment promises continue...

THISDAY Saturday Editor Obinna Chima says Nigeria’s rapidly changing financial landscape demands journalists who can interpret complex data, strengthen financial...

Central Bank says the completed banking recapitalisation programme has strengthened lenders’ capacity to absorb shocks and finance economic growth, as...