The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again raised the interest rate by 50 basis point from 26.25 percent to 26.75 percent. The committee also adjusted the symmetric corridor around the MPR from +100 and -300 to +500 and -100. It however retained the ...

The story of Heritage Bank can be likened to the idiom of the old wine in a new bottle, an already existing establishment offered as if it were a new one, Daily Trust Saturday reports. It is the story of how Societe Generale Bank of Nigeria (SGBN), re-commenced operation on January 29, 2013, ...

The NGX All-Share Index experienced a significant decline in April, losing N3.57 trillion in market value. This downturn represents the first monthly decline for the NGX this year, contrasting with gains of 17.7%, 12.47%, and 5.64% recorded in January, February, and March respectively. Despite ...