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BoI partners IFC on MSMEs financing in Nigeria

BoI partners IFC on MSMEs financing in Nigeria

By Yinka Kolawole The Bank of Industry (BoI) has secured a partnership deal with the International Finance Corporation (IFC) to strengthen trade and boost access to finance for micro, small and medium-sized enterprises (MSMEs) in Nigeria. Managing Director/CEO, BoI, Olukayode Pitan, disclosed this during a trade and supply chain finance workshop in Lagos, where two new […]

<strong>Banks’ earnings from account maintenance, transfer charges rise to N621bn</strong>

Banks’ earnings from account maintenance, transfer charges rise to N621bn

By Nkiruka Nnorom Leading banks in Nigeria have raked in  N620.89 billion in the third quarter of this year, Q3’22 from  fees and commission income, representing a 21.5 percent higher than  N510.99 billion  they made under same income line in the corresponding period 2021. The banks include Zenith Bank Plc, Access Bank Plc, First Bank, Stanbic […]