Category Archives: Banking
ECOWAS urges enhancement of private sector involvement in Job Creation
ECOWAS urges enhancement of private sector involvement in Job Creation Economic Community of West African States (ECOWAS) has urged Member States to urgently implement policies
Improved performance lifts NSE’s index further by 0.8%
The Nigerian Stock Exchange (NSE) sustained a rising profile at the end of transactions yesterday, following improved performance on the shares of some banks, causing
Wema Bank targets N1 trillion capital base
Buoyed by its 2018 financials and performance in which it prescribed the payment of 3kobo dividend per share for the first time in 15 years,
GTBank posts N50 billion profit after tax in three months
Guaranty Trust Bank (GTB) Plc has recorded a profit before tax (PBT) of N56.984 billion for the first quarter (Q1) March 31, 2019, showing an
BoI Gives N3bn To Jaiz Bank For MSMEs
The Bank of Industry on Tuesday provided a N3bn financing facility to Jaiz Bank Plc for the development of the Micro, Small and Medium Enterprises
Jaiz Bank secures N3bn from BOI to finance MSMEs
Jaiz Bank Plc., the premier non-interest bank in Nigeria, has secured a N3 billion financing facility from the Bank of Industry (BOI) to boost and
CBN introduces guidelines for non-interest financial institutions
The Central Bank of Nigeria has introduced guidelines on the management of investment account holders for Non- Interest Financial Institutions in Nigeria. The regulatory body
CITN to sustain tax discourse at yearly conference
The Chartered Institute of Taxation of Nigeria (CITN) would be furthering discussions on the current economic realities in the tax space during its 21st Yearly
Banks’ soaring profits and customers’ losses, ignorance
Banking industry’s profit has become a manifest of tale of mixed fortunes. While the nation’s Deposit Money Banks regale with huge numbers in the harvest
Insurance firms show strength according to 2018 results
Most insurance sector operators recorded positive results in their audited financial statements for the year ended December 31,2018. The development has been attributed to continued
More Winners to Emerge in UBA Promo
The United Bank for Africa (UBA) Plc recently announced that another set of 20 loyal customers will get a chance to win N1,500,000 each, in the second
CBN, Banks to Disburse N200bn Single-digit Loans to Creative Industry, Others
The Central Bank of Nigeria (CBN) and banks, under the aegis of the Bankers’ Committee, Thursday said they have resolved to commence the disbursement of
Naira Exchange Rates