MPR Hike: UBA, Zenith, 17 Other Banks Pay 8.18% Interest on Savings Aligning with the Central Bank of Nigeria’s (CBN) recent monetary policy adjustment, Nineteen deposit money banks are now offering an 8.18 percent interest rate to customers for their savings. Commercial banks are mandated to...

As Tinubu Moves to Rev up Economic Recovery with Consumer Credit  By Temitope Ajayi As the new year 2024 begins with a positive outlook, Nigerians can look forward to a great and economically rewarding year as the Federal Government is set to launch a massive consumer...

NGX Big Win Makes History, as All Share Index Crosses 70,000 Mark The Nigeria Exchange (NGX) continued its bullish run in what was a very positive trading day as the All-Share Index crossed the 70,000 mark for the first time in history, closing at 70,581.76...

Price Appreciation of 18 Stocks Lift Index Further by 0.04% - NGX Earnings and interim dividend declaration by listed firms have continued to lift transactions on the equities sector of the Nigerian Exchange Limited (NGX) as price appreciations in Eterna Plc and 18 stocks lifted...

NGX: Trade volume Rises by 98%, Hits N1.12bn The Nigerian Exchange Limited, daily volume of trade increased by 98 per cent to 1.12 billion units on Thursday as investors lost N35bn at the close of the trading session The volume of traded equities reported on Wednesday...

In H1 2022, UBA Delivers N70 Billion Profit - Up By 16% United Bank for Africa Plc has released its interim consolidated and separate financial statement which shows that the bank raised its profit in the first half of the year by 16 per cent...