3 d. ago Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

The value of the naira is expected to remain stable hovering within the N1,500 to the dollar benchmark buoyed by improving foreign exchange liquidity, rising investor confidence, and targeted Central Bank interventions, according to analysts and market observers. Having closed last week at N1,528.56 to the dollar at the official end of the market and […]

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6 d. ago GTCO to list on London stock exchange, seeks $100m for recapitalisation

Tribune Online GTCO to list on London stock exchange, seeks $100m for recapitalisation Guaranty Trust Holding Company Plc (GTCO) is set to list its shares on the London Stock Exchange, having revealed plans to raise approximately $100 million through a fully marketed equity offering and transition from its current Global Depositary Receipts (GDRs) structure. GTCO to list on London stock exchange, seeks $100m for recapitalisation Tribune Online

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8 d. ago CBN’s prudential measures signal strong banking sector leadership

The Central Bank of Nigeria (CBN) has again demonstrated its commitment to maintaining a resilient and stable banking sector. On read more CBN’s prudential measures signal strong banking sector leadership

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2 w. ago Top 7 African Central banks with the largest gold reserves in Q1 2025

Gold reserves serve as a crucial buffer against currency volatility and play a vital role in reinforcing investor confidence, an read more Top 7 African Central banks with the largest gold reserves in Q1 2025

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2 w. ago Bulls resurface on NGX as banks commit to swift alignment with CBN guidelines

…YtD return rises to +14.51% Investor confidence in Nigeria’s equities market increased further on Thursday as banks, especially those affected read more Bulls resurface on NGX as banks commit to swift alignment with CBN guidelines

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3 w. ago CBN maintains confidence in banks, offers transitional support

As part of its work to keep banks strong, the Central Bank of Nigeria (CBN) has put in place temporary steps for a few banks that are still moving away from earlier support they received during the COVID-19 pandemic. This step is part of the CBN’s broader, sequenced strategy to implement the recapitalisation programme announced […] The post CBN maintains confidence in banks, offers transitional support appeared first on The Sun Nigeria.

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