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The Managing Director, First City Monument Bank (FCMB) Limited, Adam Nuru, has voluntarily taken a leave from work to enable the bank investigate allegations of unethical...
NSE, Shares The nation’s bourse recorded its first loss in the year on Tuesday, dropping by N393 billion due to renewed profit taking on blue chips....
Nigeria’s public debt hit a total of N32.2tn at the end of September 2020 Nigeria’s public debt hit a total of N32.2tn at the end of...
Stock Market The nation’s bourse extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips....
The Central Bank of Nigeria (CBN) said it has withdrawn the operating licences of seven payment services providers. Eko Hot Blog recalls that the CBN also...
AIICO, Insurance AIICO Insurance Plc on Tuesday said that its shareholders oversubscribed its Rights Issue, which recorded 126 per cent subscription. Mr Babatunde Fajemirokun, Managing Director...
The new strain of the virulent COVID-19 virus discovered in United Kingdom and now in other countries has begun to take a toll on crude oil...
Central Bank of Nigeria (CBN) has seized the operating licences of 42 microfinance banks across the country. The Nigeria Deposit Insurance Corporation disclosed this in an...
The Lagos Government has announced that bags of rice would be sold for ₦20,000 to residents before Christmas. Ekohotblog learnt that initiative is in partnership with...
A new plant has been connected to the nation’s power grid, thereby increasing the number of hydropower plants producing electricity in Nigeria to four. Data obtained...