Category Archives: Banking

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

Wema Bank Unveils Product for Women

Wema-Bank

Wema Bank Plc said it has taken another step towards creating a better and promising future for women in Nigeria and other parts of the

AIICO Gets ISO Recertification

AIICO Gets ISO Recertification

AIICO Insurance Plc has been recertified for two consecutive times for the ISO 22301, by the British Standards Institute. Speaking on the feat achieved, Head,

Experts list factors against market’s growth in first-half 2019

Experts list factors against market’s growth in H1 2019

The pre-elections’ development, policy implementation slowdown and sell-offs by foreign investors in 2018, will slow growth in the stock market in this first-half (H1) 2019.