Category Archives: Banking

ECOWAS urges enhancement of private sector involvement in Job Creation

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%

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

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

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

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 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

CBN Governor Godwin Emefiele

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

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

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

Insurance firms show strength

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

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

CBN

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