Monthly Archives: July 2022

Figures obtained from the Central Bank of Nigeria revealed that Nigeria’s external reserves as at Thursday July 7, 2022 stood at $39.34 billion. This represents 0.44% growth ($171 million) from $39.174 billion recorded on July 1, 2022. That is about $171 million gain in 6 days. The reserves hit a low of $38.42bn in the month of […]

The Debt Management Office (DMO) has listed the N250billion, 10-year 13% Ijarah Sovereign Sukuk due 2031, on Nigerian Exchange Limited (NGX), on Tuesday, 5 July 2022. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set by the Financial Regulatory Advisory Council of Experts (FRACE) of the Central Bank of Nigeria, which stipulated[…]

Wema Bank Plc has launched a Leadership Development School to help in the overall development and transformation of its workforce. The MD/CEO of the bank, Ademola Adebise, said organisations have a huge task to optimise performance and deliver value in contemporary times, pointing out that leadership is key in driving organisational success. “We need good leaders to[…]