W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
Letshego MFB wins Excellence Banking Award
Letshego Microfinance Bank, a subsidiary of Letshego Holdings Limited has been honoured with an ‘Excellence in Microfinance Banking’ award at the New Age Banking Summit 2017 which was held in Lagos recently.
Power: FG recovers $64.63m electricity debts from Benin, Niger Republics – Fashola
The Federal Government announced, Monday, that it has recovered over $64.63 million electricity debts owed it by international customers in Benin Republic and Niger Republic.
Senate to increase AMCON powers for speedy loan recovery
THE Senate is set to increase the powers of the Asset Management Corporation of Nigeria (AMCON) in order to facilitate its debt recovery m
Microfinance loan not govt fund, but private sector investment – Olive MfB boss
Microfinance loan not govt fund, but private sector investment – Olive MfB boss
Worry, as other banks lose market share to big 5
Capital market operators and investors have expressed concern that the widening gap between tier-1 and tier -2 banks may lead to loss of depositors’ confidence in tier-2 banks as full results of 14 banks listed on the Nigerian Stock Exchange, NSE, in the first nine months of this year (9M’17) point to increasing dominance of the market space by the tier-1 banks to the detriment of the tier-2 banks.
