Fitch: Nigerian Banks post good results but risks persist
Fitch: Nigerian Banks post good results but risks persist NIGERIAN posted good financial results for 2016, despite turbulent operating conditions, but Fitch Ratings believes that significant financial risks persist beyond…
Heritage Bank, Triton Aqua N2bn facility to boost job creation
Heritage Bank, Triton Aqua N2bn facility to boost job creation THE N2 billion long-term facility Heritage Bank Plc and Central Bank of Nigeria gave to Triton Aqua Africa…
CBN to auction $100 million in forwards
CBN to auction $100 million in forwards THE Central Bank of Nigeria is planning to offer $100 million in forwards at an auction on Monday to improve liquidity…
Stanbic IBTC introduces Nigeria’s first instant online account opening service
Stanbic IBTC introduces Nigeria’s first instant online account opening service STANBIC IBTC Holdings Plc has introduced Nigeria’s first instant online account opening service, in line with its goal…
UBA revolutionises mobile payments with *919# magic banking
UBA revolutionises mobile payments with *919# magic banking IN line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services,…
CBN lifts currency allocation ban on 41 items
CBN lifts currency allocation ban on 41 items CENTRAL Bank of Nigeria (CBN) today lifted a ban on currency allocation for importers bringing in goods worth up to…
MyStocKIT: Heritage Bank launches MSME app for ease of doing business
MyStocKIT: Heritage Bank launches MSME app for ease of doing business IN line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market…
Naira firms on black market as CBN boosts dollar sale
Naira firms on black market as CBN boosts dollar sale NAIRA firmed strongly on the black market on Thursday as traders prepared for the Central Bank of Nigeria…
FBN Holdings grosses N406.1bn in nine months
FBN Holdings grosses in nine months FBN Holdings Plc, a leading holding company listed on the Nigerian Stock Exchange (NSE) has reported billion gross earnings for the nine months ended…
Union Bank increases Non Performing Loan by 34.29 % in nine months
Union Bank increases Non Performing Loan by % in nine months Union Bank of Nigeria Plc has declared per cent increase in the Non-Performing Ratio (NPL) for the nine…