The Central Bank of Nigeria (CBN) has revoked the operating licenses of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for various offences. It disclosed this in a circular issued on Tuesday, December 16, signed by its Acting Director, Corporate Communications Department, Hakama Ali. According to CBN, the move was part …
Nigeria’s equity market closed October with a flourish, extending a rally that has been in motion since April. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) opened the month at 142,713.1 points and ended at 154,126.4, representing an approximate 8% rise. According to reports, the index has already accumulated year-to-date returns approaching 50% for 2025. …
