Nigerian banks' investment securities grow 76% on naira devaluation
Nigerian banks recorded 76 percent growth in investment securities in H1 2023 as dollar assets were revalued upward on the...
- Saturday, June 20, 2026
BusinessDay
Nigerian banks recorded 76 percent growth in investment securities in H1 2023 as dollar assets were revalued upward on the...
In a bid to meet short-term financial obligations, Nigeria’s downstream firms have increased their short-term borrowings by 41.6 percent in...
African Development Bank (AfDB) and African Guarantee Fund have announced plans to mobilise $5 billion in financing capital for African...
TrueCaller, the global caller ID platform has appointed Ogochukwu Onwuzurike as a country manager for Nigeria and Nicolás Vargas will...
Nigerian drug makers listed on the Nigerian Exchange Group have recorded an 18 percent decline in distribution cost in the...
The Nigerian Economic Society (NES) has elected a new governing council during its annual general meeting in Abuja. Sixteen individuals...
Stanbic IBTC Holdings’ operating income has surged 51 percent which led CardinalStone analysts’ forecast of earnings to cross the N100...
SBM Intelligence, an African geopolitical risk consulting firm has announced Ikemesit Effiong as its new partner. Effiong has been with...
Nigerian Banks’ donation to charity has increased by 72 percent despite economic headwinds, BusinessDay analysis shows. Eight banks recorded cumulative...
Nigeria recorded a fiscal deficit of N7.5 trillion in 2022, according to the latest data from the nation’s budget office....