India Rupee, Bonds in Focus as RBI to End FCNR Deposit Window Early
The end of the deposit plan could tighten banking system liquidity.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
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Stock markets today: Another weak opening on the cards for Indian stocks
Gift Nifty at 24,400 signals a cautious start, while investors track Strait of Hormuz developments, Brent crude prices and the Fed’s July meeting minutes ahead of the September policy decision.
Nigeria, others push for fairer global tax system
Nigeria and other developing countries have renewed calls for a fairer and more equitable international tax system that prevents the exploitation of developing economies and ensures that multinational…
- Nigeria and developing nations demand fairer global tax system
- Fifth round of UN talks on Framework Convention for International Tax Cooperation
- GATJ calls for stronger commitments and ambitious proposals
FCMB raises FastCash instant loan limit to N500,000
First City Monument Bank (FCMB) has increased the maximum limit for its FastCash instant loan to N500,000, providing eligible customers with greater access to funds for unexpected expenses and other…
- FCMB raises FastCash instant loan limit to N500,000
- Eligible customers can access funds digitally without collateral
- Tunji Lamidi says increase meets growing demand for quick credit
TAJBank’s PBT surges 74% to N31.56bn
TAJBank Limited, Nigeria’s largest non-interest bank by assets, has recorded a significant improvement in its financial performance, with Profit Before Tax (PBT) rising by 74% year-on-year to N31.562…
- TAJBank PBT increased 74% to N31.562 billion in 2025.
- Total assets grew to N1.34 trillion, equity expanded 144%.
- Dividend of 20 kobo per share approved at 2026 AGM.
Yen edges up as traders push back Fed rate hike bets
SINGAPORE: The yen crept higher against the dollar , largely shrugging off weaker-than-expected Japanese GDP data as traders postponed expectations of a rate hike from the Federal Reserve this year.
Operators eye private equity as pension funds hit N31trn
Operators in Nigeria’s pension sector are exploring private equity investments as part of a new drive to expand pension funds which currently stand at N31 trillion as checks by Daily Trust have shown.
- Nigeria's pension sector holds N31 trillion in funds, surpassing the 2024 federal budget.
- Private equity remains underutilized, with Nigerian pension funds allocating 1.7% of assets.