By Dipo Olowookere The Central Bank of Nigeria (CBN) surprisingly sold treasury bills on Monday at the secondary market via an Open Market Operations (OMO). During...
By Dipo Olowookere As part of its strategies to focus on Nigeria’s significant opportunities, Diamond Bank Plc has changed its banking licence from international to national....
By Josephine Wawira The African economy has gathered momentum over the years, with an estimated increase of 3.8% of the real output growth in 2017. As...
By Dipo Olowookere The Central Bank of Nigeria (CBN) on Thursday continued with its mopping up of excess liquidity in the financial system with the sale...
By Dipo Olowookere The Central Bank of Nigeria (CBN) on Wednesday conducted the last Primary Market Auction (PMA) for the month of November. During the exercise,...
By Dipo Olowookere Fitch Ratings has upgraded United Bank for Africa Plc’s (UBA) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B’ with a stable outlook,...
**Downgrades Bank’s Ratings By Dipo Olowookere The baseline credit assessment (BCA) and adjusted BCA of Diamond Bank Plc have been downgraded from caa3 from caa1 by...
By Modupe Gbadeyanka Governor Godwin Obaseki of Edo State on Monday presented the 2019 Appropriation Bill to the Edo State House of Assembly. Mr Obaseki, who...
By Dipo Olowookere The road leading to the popular Eko Bridge from Alaka will be closed, the Lagos State Ministry of Transportation has said. According to...
By Dipo Olowookere Treasury bills yields moved in different directions across maturities this week with the yields on 1 month and 3 months maturities increasing to...
