Browse Tag

Silicon Valley Bank

IMF

IMF, US Disagree Over Global Recession Induced By Financial Crisis

The International Monetary Fund (IMF) has stated that the financial crisis in the global banking sector is increasing the possibility of global recession, but the US says otherwise on Tuesday, 11 April 2023. Although the IMF said the possibility of a recession

April 12, 2023

Shareholders Remember Wigwe, Others At Access Holdings Annual General Meeting

Access Bank Joins FCMB To Raise Funds In Face Of Insolvency Fears In Global Banking

Access Holdings Plc has invested $300 million in Access Bank in the face of insolvency fear in the global banking industry. In the circular released to investors and shareholders on Tuesday, via Nigerian Exchange Limited (NGX), Access Holdings said the $300 million

April 4, 2023

FCMB

FCMB Group Issues N20.69 billion Series 1 Perpetual 16% Fixed Rate Bond

FCMB Group Plc has successfully completed issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (“the Series I Bond” or “the AT1” or “the Instrument”) under its N300 billion Debt Issuance Programme. The Group’s AT1

March 17, 2023

Silicon Valley Bank UK Subsidiary Acquired By HSBC

Silicon Valley Bank UK Subsidiary Acquired By HSBC

Silicon Valley Bank’s UK operations have been acquired by Hongkong and Shanghai Banking Corporation Limited (HSBC), preventing contagion from its parent company in the United States. The deal between Hongkong and Shanghai Banking Corporation Limited and Silicon Valley Bank’s UK subsidiary was

March 14, 2023

US' failed banks

Business·Finance & Economy·Top Stories

FULL LIST: How 18 U.S Banks Failed In 5 Years – Questions For Nigerian Banks

After two major banks failed in just two days (between March 10 and March 12), the U.S Federal Deposit Insurance Corporation (FDIC) on Monday updated its list of failed banks and added two banks – Signature Bank and Silicon Valley Bank (SVB)

March 13, 2023

Market Analysis: Nigeria’s Q2 Growth Numbers In View

Sector details from today's GDP, especially the balance between services

NGX stock market. Photo credit: TheCable

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

The Nigerian All-Share Index edged higher on Thursday, holding above

Naira Rises To N1,500/$ At Official Market

Naira Rises To N1,500/$ At Official Market

The Nigerian naira has appreciated against the U.S. Dollar for

Bitcoins

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

The PPI fell 0.1% in August, its first drop in

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.