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Friday, January 27, 2023
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CATEGORY

Fixed Income & Bonds

Lasaco Assurance Solvency Ratio of 230% Validates Stable Outlook Rating

Lasaco Assurance's consistent solvency ratio growth in the last four years indicates that the insurer has the financial strength to absorb all claims and...

Naira at Crossroads as China Pivots Away from U.S Dollar

China may be ready with gloves on, in the rings for a currency war with the West, especially its arch rival, the United States,...

AFC Raises US$160 million Kimchi Loan Facility Led by Mizuho and Shinhan Bank

Africa Finance Corporation,(AFC) an infrastructure solutions provider in Africa, is expanding its footprint in Asian capital markets, with the successful closure of a US$160...

FX Demand by Nigerians Studying in UK, U.S Pressures Naira

Surging Foreign Exchange (FX) demand by Nigerian students studying abroad in places like the United Kingdom (UK) is adding to pressure on the Naira. The...

Students Limited to $15,000 Per Semester, Have 60 Days to Process School Fees – CBN

Nigerian banks have issued updates about changes regarding foreign exchange (FX) requests by Nigerian students wishing to study abroad. Going forward, a minimum of 60...

Zenith, UBA, Sterling Bank Turn Shareholders’ Investments Into Profit Amid Sell-off

The most capitalised and liquid lenders in Africa’s largest economy are efficient in turning shareholders' profit even amid a free fall in banking stocks. Data...

Access Holdings Aims to be Top 3 by Assets Under Management by 2027

The management of Access Holdings aims to become one of the top 3 Pension Fund Managers by 2027, according to a report by Chapel...

Lagos Home to 6,300 Millionaires, 4th Highest in Africa

A new Henley Global Citizens report reveals that 6,300 millionaires and 3 billionaires live in Lagos, Nigeria, ranking it the fourth highest among African...

GTCO Pretax Profit Rises 11% to N103.25 billion

Guaranty Trust Holding Company (GTCO) Plc announced today year-to-date pre-tax profit of N103.25 billion in the June 2022 period from N93.05 billion as at...

Stanbic IBTC Group Litigation Exposure Hits N60 billion

Stanbic IBTC Group litigation portfolio as at 30 June 2022 consisted of 387 cases with aggregate value of monetary claims against the Group of...

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