SMEDAN, Sterling Bank Earmark N5bn Loan for SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Sterling Bank have set aside N5 billion loan for small businesses.
Foreign Investment Drops as Investors Sideline Nigerian Economy
Foreign investment inflows dips again as Nigerian economy remains less attractive
Wema Bank makes Changes to its Board, Appoints Ajimisinmi, Ekong
Wema Bank makes Changes to its Board, Appoints Ajimisinmi, Ekong...
AXA Mansard: Afrinvest Spots Upsides, Sees End to Dividend Drought
Equity analysts at Afrinvest, a leading investment banking firm, positive feel about AXA Mansard Plc traction, earnings outlook
Short-Term Interest Rates Spike as Banks Take Excess Funds to CBN
Short-term benchmark interest rates rose to double-digit highs as the liquidity profile in the financial markets weakened further. There have been renewed pressures on liquidity in the financial system, worsened by debits for primary market auctions.
FCMB: Key Metrics Worsen as Debits, Funding Pressure Prompt Profit Meltdown
FCMB Plc key performance indicators worsen in the first half of 2021 as lender’s weak appetite for loan pressured profit at the time Nigeria economy
Polaris Bank Splashes N26m Cash Prizes on Customers
Polaris Bank Ltd. said that a total of N26 million would be won by 188 lucky customers nationwide as the grand finale of its ongoing ‘Save and Win’ promo closes in April.
Ecobank Names Jeremy Awori as Group CEO as Ayeyemi Retires
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, today announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy.
43 Items Not Totally Banned, Clarifies Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has clarified that the 43 items were never explicitly prohibited from importation or sale in Nigeria.
UBA Outperforms Banking Sector as Return Hits 173%
Amidst strong stock market rerating of banking shares, the United Bank for Africa (UBA) Plc has spun higher return than any of its peers in the banking sector. Its year-to-date return as investors
