Banks’ borrowing drops 89% to N126bn
Banks’ borrowing from the Central Bank of Nigeria’s (CBN) Standing Lending Facility, SLF, declined by 89 percent to N126 billion in August 2026 from N1.19 trillion in July 2026, reflecting higher liquidity in the banking system. The CBN has two short term lending windows for banks: the Standing Lending Facility (SLF) and Repo […]
Costain, Etranzact record dip in PAT
Costain (West Africa) Plc has recorded significant decline in its bottom line in its third quarter financial performance, as its profit after tax dropped by 45.28 per cent to N164.31 million.
ERHC to expand operation in Nigeria’s onshore
By Yemie Adeoye RHC is a sub-Saharan, energy investment company with a strong Nigerian background.The American oil company with a single largest Nigerian interest of 43 per cent has also decided to expand its shareholding with its recent move to get listed on the London Stock Exchange and subsequently on the Johannesburg stock Exchange. This […]
NECA, ITF parley on capacity building
THE Nigerian Employers Consultative Association(NECA), and the Industrial Training Fund (ITF) met at the weekend to design ways on how to improve human capacity and skill acquisition of the Telecom professionals.
OPS applauds Okolo’s appointment on Presidential Team
The Organised Private Sector(OPS), has expressed excitement over the appointment of one of their own members , NACCIMA President Dr.Simon Chukwuemeka Okolo onto the Presidential Advisory Team by the Acting President, Goodluck Jonathan.
EIU ranks Philippines best in microfinance
The Economist Intelligence Unit (EIU),the business information arm of The Economist Group, has declared Philippines as the best in the world in terms of its microfinance environment.
