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First Bank of Nigeria Limited has appointed Dr. Julius B. Omodayo-Owotuga as an Executive Director, a move aimed at strengthening the bank’s leadership capacity across finance, governance, risk management and strategic transformation. The appointment, which took effect on May 13, 2026, was announced by First HoldCo Plc, the parent company of First Bank, and has […]
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Ecobank Transnational Incorporated (ETI) has approved a total dividend payout of $40 million for the 2025 financial year following the adoption of key resolutions at its 38th Annual General Meeting held in Lomé, Togo, on June 3, 2026. The pan-African banking group announced that shareholders approved the company’s audited financial statements for the year ended […]
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Oil prices remained firm on Wednesday as escalating tensions in the Middle East and tightening global supplies continued to support the market despite lingering concerns over weaker demand growth from major consuming nations. Brent crude oil, the international benchmark for oil prices, traded above $91 per barrel, while U.S. West Texas Intermediate (WTI) crude hovered […]
...The Dollar to Naira black market exchange rate traded at ₦1,390 on Wednesday, June 10, 2026, as the Nigerian currency surrendered some of the gains recorded in the previous trading session. According to information obtained from Bureau De Change operators and parallel market traders, the Dollar to Naira exchange rate stood at ₦1,380 per dollar […]
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The Nigerian Exchange Limited (NGX) extended its positive momentum on Tuesday as the benchmark index advanced by 0.53 percent amid a significant surge in trading volume. The NGX All-Share Index (ASI) rose to 244,697.62 points, while equity market capitalisation increased to ₦156.94 trillion, indicating improved investor sentiment and sustained buying interest in selected larg...