Category Archives: Banking
Union bank shareholders endorse balance sheet reduction
Shareholders of Union Bank of Nigeria Plc yesterday approved the proposal by the board of directors for a N54.4 billion reduction from the bank’s Share
Sterling Bank commits 10% loan portfolio to agric finance
Sterling Bank Plc, said it has committed 10 per cent of its total loan portfolio to funding agriculture in recognition of its significant contribution to
Facebook to unveil white paper on cryptocurrency next week
Facebook will by next week, June 18, publish a white paper on its cryptocurrency token which is likely to be dubbed Libra Coin likely to
Adeosun’s input to Nigeria’s economy can’t be ignored – Experts
Former Minister of Finance, Mrs. Kemi Adeosun has been commended for spearheading some of the critical reforms, which have sanitised the fiscal space, reduced corruption
How absence of SEC’s governing board undermines investors confidence
The Investment & Securities Act (ISA 2007) specifically provides for the establishment of a board for the Securities & Exchange Commission (SEC) and outlines its
Fidelity bank poised to assist Smes expands online prominence
Mrs Chijioke Ugochukwu, Executive Director, Shared Services, Fidelity Bank Plc, on Tuesday in Lagos said that the bank was poised to assist SMEs to establish
Up against the tide Godwin Emefiele
As many of us already know, balancing the objectives of price stability with output stabilisation, especially in the face of external headwinds, remains a challenge
An agenda for Godwin Emefiele
Boniface Chizea writes that the CBN governor should pay attention to development of the economy Congratulations are in order even as the momentous event of
Banks borrow N12 trillion from CBN in six months
Emefiele begins his second term in office today Pays N8.2b interest rate to apex bank, lends N20tr The nation’s Deposit Money Banks have made frequent
Access bank supports SMEs
Access Bank Plc through its business club initiative recently organised a managerial capacity building programme for entrepreneurs. The initiative was to ensure that the businesses
Banks’ CEOs decry bad debtors’ smear campaign
With a rising trend of using social media and law enforcement agencies to harass bank executives by bad debtors in the banking industry, the Committee
The monetary policy committee meeting of Monday 20th and Tuesday 21st May, 2019
Central Bank of Nigeria Communiqué No 124 Of The Monetary Policy Committee Meeting Of Monday 20th and Tuesday 21st May , 2019 Background The Monetary
Naira Exchange Rates