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Micro-Finance Banks: Operators Call for Policy Fine-tuning

As the new CBN governor, Sanusi Lamido Sanusi, settles down to duties and unveils his plans for the nation’s monetary and fiscal direction, stakeholders in the micro-finance sector have called for a review of the micro-finance policy, Amaka Agwuegbo reports Micro-Finance Banks, MFBs, operators see great wisdom in the micro-finance policy of the former Central Bank of Nigeria, CBN, governor that led to the establishment of micro-finance banks across the country. They believe that by that decision, banking services was brought to millions of Nigeria’s un-banked population.

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Stanbic IBTC Set for Bigger Role in the Economy

There are investment opportunities in the concession of major transportation infrastructure in the country; the rapidly growing middle class also presents opportunities in the retail banking segment and the bank seems set to play bigger role in these areas, Lucky Fiakpa writes Stanbic IBTC Set for Bigger Role in the Economy

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FG Seals Housing Deals With 10 Developers

The Federal government has sealed partnership agreements with ten private real estate developers and investors under a Public-Private Partnership (PPP) arrangement, to deliver 16 housing projects in five states across the country and the federal capital territory (FCT). The beneficiary states are Adamawa, Niger, Osun, Ogun and Ondo.

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