Scrabble: Balogun wins Verallen Classics top prize
Old players continued with their impressive performance in the game of scrabble as they shoved aside the younger generation led by Delta State’s Wellington Jighere and Dennis Ikekeregor at the just concluded Verallen Scrabble Classics held in Abuja.
FBN Microfinance grants N150m loans to customers
The FBN Microfinance Bank Ltd has so far disbursed N150 million as loans to customers since inception in September 2008, its Managing Director, Mrs Pauline Nsa, has said. Nsa said on Tuesday in Lagos that the bank’s customers were engaged in various trade and profession. “Our customers are not only artisans and petty traders, but we also have large food companies, farmers and those from the segments usually ignored by the big banks,’’ she said.
Confidence crisis worsens as share value dips further by N48bn
The liquidity crisis in the Nigerian capital market continued, Tuesday, as the value of listed equities on the Nigerian Stock Exchange (NSE) dipped by N48 billion.
Basel Committee calls for higher Tier 1 capital for banks
Basel Committee on Banking Supervision, which comprise Central Bank Governors and Head of Banking Supervision units around the world, has called for higher levels and quality of Tier 1 capital for banks.
AfDB approves $1m technical assistance grant for AB Microfinance in Nigeria
Japan and the African Development Bank (AfDB) have approved a grant of $1m to AB Microfinance Bank of Nigeria (AB MFB) from the Fund for African Private Sector Assistance (FAPA).
SON issues ultimatum to manufacturers, importers of roofing products
Standards Organisation of Nigeria(SON) has issued a six months ultimatum to importers of Galvanized Corrugated Steel Roofing Sheets to stop bringing in the commodity by December 31, 2009, even as it directed local manufacturers to comply strictly to the directive within the same period.
