Fidelity Bank Boosts Shareholder Returns with 20% Dividend Increase
Fidelity Bank has announced a significant increase in its proposed dividend payout to shareholders for the 2023 financial year. The...
Top Story: Nigeria’s Inflation Rate Surges to 33.2% in March 2024
The National Bureau of Statistics (NBS) has reported a significant rise in Nigeria's inflation rate, reaching 33.2% for the month...
Naira Emerges as One of the World’s Top-Performing Currencies
Ratecaptain's latest report reveals a remarkable surge in the performance of the Nigerian naira, positioning it as one of the...
Naira Strengthens, Trading Below N1000 Against Dollar at Certain Segment of the Market
In the face of escalating geopolitical tensions and increased demand for safe-haven assets triggered by an Iranian strike on Israel,...
Banking Stocks Drag NGX to Second Consecutive Week of Losses
The Nigerian Exchange Limited (NGX) witnessed a second consecutive week of losses, with banking stocks leading the downturn, according to...
Naira Sustains Bullish Stance Despite Dollar’s Aggressive Gains
Amidst the dollar's recent robust performance, the Nigerian naira steadfastly maintained its bullish trajectory this week, bolstered by lingering concerns...
UK Economy Shows Signs of Recovery as GDP Edges Up by 0.1%
The UK economy is displaying signs of resilience as it grew by 0.1% in February, prompting optimism from Chancellor of...
CBN Prohibits Use of Foreign Currency Collaterals for Naira Loans
The Central Bank of Nigeria (CBN) has issued a directive to all banks regarding the use of foreign currency-denominated collaterals...
FBN Holdings Plans N300 Billion Capital Raise, Seeks Shareholders’ Approval
First Bank Holding Plc has announced plans to seek shareholders' approval for a capital raise of N300 billion. The decision...
CBN begins sales of $10000 FX for N1101/$
The Central Bank of Nigeria (CBN) has announced the sale of foreign exchange (FX) to Bureau De Change Operators (BDCs)....
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