Chams HoldCo targets N7.65 bn in hybrid offer to drive expansion
First Bank named Nigeria’s strongest brand in 2026 by Brand Finance
Merchant Banks under pressure to grow earnings
Interbank liquidity falls by 49%
Smart tech the new tool for African farmers
Bargain hunting to lift equities this week
Fidelity Bank grows profit by 34% in Q1’19
CBN introduces special intervention fund for MFBs
Insurance claims rise faster than premium income
SAHCOL targets offshore expansion, double digit growth
How FG, States, LGs shared N8tr in 2018
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SubscribeDeveloping new banking products to accelerate CBN’s Financial Inclusion
OVER the years, the Central Bank of Nigeria (CBN), has introduced several reforms to create a robust financial system framework. These reforms are focussed on enhancing banking system stability, sensitizing the gains in serious governance and restoring confidence in the nation’s financial system.
Wema Bank to deepen retail banking footprint with new ALAT
WEMA Bank Plc is set to unveil an improved version of its fully digital bank, ALAT, as part of efforts to deepen its footprint in the retail banking space.
Credit to the economy rises to N30.5trn
CREDIT to the economy rose to an all time high above the N30 trillion mark in February 2019, driven by strong growth in credit to the private sector during the month.
Afreximbank disburses EUR100m to Mota-Engil
THE African Export-Import Bank (Afreximbank) has announced the disbursement of EUR100 million revolving global credit facility to Mota-Engil Engenharia e Construçáo África, S.A. (Mota-Engil Africa) to support the company to implement key developmental projects in Africa.
Agusto & Co assigns a ‘BBB’ rating to Nova Bank
AGUSTO & Co. Limited, a rating agency, has assigned a ‘BBB-’ rating to Nova Merchant Bank Limited.
CITN seeks collaboration, more tax professionals
The Chartered Institute of Taxation of Nigeria has started collaborations that would increase the number of practitioners in the tax professional while beckoning on University of Lagos, Unilag, to add taxation into its degree programme curricula.
GTBank shareholders endorse N2.75 total dividend for 2018
Shareholders of Guaranty Trust Bank (GTBank) Plc, on Thursday unanimously endorsed the payment of a total dividend of N2.75 per share for the financial year ended Dec. 31, 2018.
How to overcome entrepreneurial anxiety
Many people find the entrepreneurial journey to be a lonely and stressful one, fraught with highs and lows, elated wins, and crushing losses. The crux of anxiety is uncertainty; entrepreneurs fear the future and worry about how they will cope. The absence of a regular paycheck, market fluctuations, and the inevitable risk-taking required to grow, only compounds this uncertainty.
LCCI opens entrepreneurship mentoring programme
The Lagos Chamber of Commerce and Industry, LCCI, is today launching its 2019 Entrepreneurship Mentoring Programme, aimed at helping to curb the lingering high rate of unemployment in Nigeria.
Over 59m Nigerians work in MSMEs sector — SMEDAN
The Micro, Small and Medium Enterprises (MSMEs) sector offers more than 59 million jobs in Nigeria, the Small and Medium Enterprises Development Agency (SMEDAN) has said.
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