Category Archives: Banking

Union bank shareholders endorse balance sheet reduction

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 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

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

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

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

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

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

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 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

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