UBA increases profit by 7.64% in nine months
UBA increases profit by in nine months United Bank for Africa Plc has reported an increase of billion represented per cent in profit after tax for nine months 2016. The…
CBN makes Sukuk Bond attractive to state government …Approves guidelines for granting liquid asset status
CBN makes Sukuk Bond attractive to state government …Approves guidelines for granting liquid asset status In view of the need to foster financial system and economic growth and development,…
Recession: Senate seeks harmonizations of financial, mone tray, policies
Recession: Senate seeks harmonizations of financial, mone tray, policies The Senate has urged the Ministry of Finance and the Central Bank of Nigeria (CBN) to harmonize the Federal Government's financial…
ADB to support Nigeria budget with $1bn
ADB to support Nigeria budget with $1bn The African Development Bank (ADB) has revealed its plan to support Nigeria budget with $1 billion. President of the ADB, Dr. Akinwunmi Adesina…
Despite recession: Dangote vows to scale up investments in Nigeria, Africa ….Named 2016 African business leader by American Institute
Despite recession: Dangote vows to scale up investments in Nigeria, Africa ....Named 2016 African business leader by American Institute In recognition of his immense contribution to human capital development in…
Central Bank of Nigeria Communique of the Monetary Policy Committee Meeting
Central Bank of Nigeria Communique No 109 of the Monetary Policy Committee Meeting of Monday and Tuesday 19th and 20th September 2016 The Monetary Policy Committee met on 19th and…
Heritage Bank CEO lists Nigeria’s export potentials
Heritage Bank CEO lists Nigeria's export potentials Heritage Bank Limited has identified major commodities that can boost foreign exchange earnings for the country. This becomes necessary as the Federal Government…
CBN maintains interest rate, cash reserve ratio
CBN maintains interest rate, cash reserve ratio The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) at the end of third quarter meeting on Tuesday retained its benchmark interest…
Fidelity Bank CEO explains why borrowers can’t access long term loans
Fidelity Bank CEO explains why borrowers can’t access long term loans Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo has said bank deposits are mainly…
GTBank, UBA, Fidelity, Access, eight other grants N2.7trn loan to customers in six-month
GTBank, UBA, Fidelity, Access, eight other grants loan to customers in six-month By Kayode Ogunwale Despite numerous challenges facing Nigeria banking industry, 12 banks have loaned trillion to customers between…