Money market

Naira closes at N362.57 to dollar at investors window

The naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos. Turnover at the window…

CIIN committed to duty of raising insurance professionals – Efekoha

Eddie Efekoha, president of the Chartered Insurance Institute of Nigeria, CIIN, has lauded the Institute’s commitment to its duty as…

EcobankPay hits N1bn in transactions value

EcobankPay, the lifestyle digital payments and collections service of Ecobank Nigeria has recorded a cumulative transaction value of over N1…

BoE lowers economic growth forecast amidst Brexit worries, global economy downturn

The Bank of England (BoE) lowered its growth forecasts on Thursday due to increased Brexit worries and a slowing global…

FBN Holding posts N294bn half-year gross earnings

FBN Holdings Plc has posted N294.2 billion gross earnings for the half-year ended June 30, 2019. The figure represents 0.3…

UK PM Johnson’s no-deal Brexit gamble hammers sterling

The British pound tumbled on Tuesday as investors bet prime minister Boris Johnson's Brexit brinkmanship with the European Union could…