Money Market

Adaora Umeoji Highlights Zenith Bank’s Robust Financial Metrics: Says Bank Poised to Cross N1 Trillion Mark Profit in 2024

July 16, 2024/Zenith Bank Plc Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, market performance, […]

CBN Sells $122.671Million to 46 Authorised Dealers

July 12, 2024 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said it sold $122.67 million to 46 authorised dealers to promote stability and reduce volatility in the foreign exchange market.  “Consequently, a total sum of US$122,671 million was sold to Authorised Dealers between July 10-11, 2024, of the […]

ITFC Reports Remarkable Achievements Supporting Trade Finance and Development in the OIC Member Countries

ITFC’s Annual Development Effectiveness Report (ADER) Highlights Impressive Results July 11, 2024/ITFC The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, proudly announces the release of its 2023 Annual Development Effectiveness Report (ADER), titled “Sustainable Trade Horizons.” The report highlights ITFC’s substantial trade […]