NewsDirect

NewsDirect

GTBank:  Another impressive year

Guaranty Trust Bank plc (GTBank) for the full year ended December  31, 2020 audited result and accounts reported stronger growth in total assets, driven by impressive performance on its customers deposit and loans & advances to customers. The Group continued…

CBN raises SME intervention fund to N300bn

…Outlines relevance of digital economy By Kayode Tokede The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that it has raised the COVID-19 targeted facility for Small, and Medium Enterprises (SMEs) and households from N150billion to N300billion…

FX reserves drop to $34.44bn –CBN

By Kayode Tokede The Central Bank of Nigeria (CBN) has said the foreign exchange reserves sustained its decline, as outflows from the reserves outstripped inflows. Thus, it dipped by $151.21 million Week-on-week (w/w) to $34.44 billion as at March 17,…