Financial market experts at the weekend said the interbank market would have lost a total of N400 billion due to the nationwide strike and protest by labour and civil society groups against the removal of fuel subsidy last week. The interbank market is a short-term market for borrowing among commercial […]

The Commissioner for Insurance, Mr. Fola Daniel, has said that the commission has been instituting enduring machinery for the smooth divestment of banks from their insurance subsidiaries. Daniel, who stated this in an interview with our correspondent, said that the commission was protecting the interest of stakeholders in the insurance […]

The Nigerian Stock Exchange has admitted United Bank of Nigeria Plc’s N35bn 14 per cent Medium Term Notes 2018 Series 2 into its Daily Official List. The notes are part of the company’s N400bn Medium Term Note Programme, and were admitted last Thursday. The NSE’s report for the week ended […]