Alert MFB grows assets to N50bn amid inflation, rising credit demand
Alert Microfinance Bank has recorded a 20-fold increase in total assets to N50 billion in three years, as rising inflation, naira depreciation and stronger demand for credit reshape Nigeria's banking landscape.
UNIDO , AU begins mapping of foreign, domestic investments
The United Nations Industrial Development Organization (UNIDO) and the African Union Commission, will today begin mapping of investment flows into the country and other African countries.
Most MFBs Directors Lack Understanding of Microfinancing
Alitheia Goodwell Microfinance Bank, a subsidiary of Alitheia Capital, a venture capitalist specializes in financing micro-finance banks. In this interview conducted by Amaka Agwuegbo, the Vice President of Alitheia Capital, Andre Wenger, blames the problem of MFBs in Nigeria to poor understanding of micro-financing. Excerpts Alitheia has its hands in many pies, why go into […]
Nigerian stock exchange undervalued in world ranking –– Okereke-Onyiuke
THE Director-General of the Nigerian Stock Exchange, Professor Ndi Okereke-Onyiuke, has alleged that the tools applied by international rating agencies to rank exchanges were to the disadvantage of the local stock exchange.
FG approves 5,000 more recruitment of Customs officers
Federal Government has pproved the recruitment of five thousand more men and officers into the Nigeria Customs Service just as the last batch of recruited personnel will end their training at the end of the year.
Union Assurance supports Miss Insurance project with cash
Union Assurance Company has become the first insurance company to back Miss Insurance project with a cash donation. Current Miss Insurance, Brenda Nwakanma, disclosed this to the management of the company during her courtesy visit recently.
