Banks awash with excess cash amidst poverty
•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
I & E forex window attracts $17.86bn transaction value in 6 months
The Investors & Exporter, I &E Foreign Exchange, FX Window has attracted $17.86 billion transactions value since April this year when it was introduced, according to data from the FMDQ OTC Securities Exchange Plc.
Natures Gentle Touch Leads Walk against Domestic Violence
As part of its efforts to raise awareness and sensitize the general public on the ills of domestic violence, the leading indigenous haircare brand, Natures Gentle Touch, recently led an awareness walk against domestic violence in Lagos.
21 years after, Euro Global relaunches maltonic, rewards partners
Six years after it disappeared from the market, Maltonic, the iconic malt brand, which was first introduced in Nigeria in 1986, has been relaunched.
Nestle tops losers’ table, drags NSE indices down by 0.96%
Major highly capitalised stocks posted huge price losses on the Nigerian Stock Exchange (NSE) on Tuesday with Nestle topping the losers’ chart.
Senate approves $5.5bn FG to finance 2017 budget, refinance foreign debts
THE Senate has approved an External loan of $5.5 billion to enable the Federal government finance the 2017 budget and refinance the foreign debts.
