By Seun Ibiyemi Nigerian lender, Unity Bank Plc has doled out a N10 million business grant to 30 corps members who emerged the winners of the eighth edition of its flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge. The winners…
The Naira on Friday gained marginally against the dollar at the Investors and Exporters Window, exchanging at N425.00. The figure represented an appreciation of 0.01 per cent, compared with N425.05 exchanged on Thursday. The open indicative rate closed at N421.60…
FMDQ Securities Exchange Limited (FMDQ), the registration, listing, quotation, and trading of financial securities has announced the approval for the listing of Presco Plc’s N34.50 billion Series 1 Fixed Rate Bond under the N50.00 billion Bond Issuance Programme on its…
Sterling Bank was on Thursday named Best Participating Financial Institution for 2021 at the Agriculture Credit Guarantee Scheme Fund (ACGSF). The ACGSF, in an event in Abuja, also rewarded three Agriculture entrepreneurs who took loans and repaid under the scheme.…
The Federal Government has reappointed patience Oniha as Director-General of the Debt Management Office (DMO) for another five years. Oniha announced her reappointment in a tweet on DMO’s verified twitter handle on Friday. She thanked President Muhammadu Buhari for reposing…
Nigerian Exchange Limited (“NGX”) and Bank of Industry (“BOI”) have signed a Memorandum of Understanding (MoU) to deepen capital market reach, build the capacity of stakeholders through financial literacy programs, facilitate market advocacy initiatives and promote listings. The announcement was…
The Central Bank of Nigeria (CBN) has issued guidelines for improved cyber security in the Nigerian financial sector, especially among the Other Financial Institutions (OFIs), setting January 1, 2023, as the deadline for compliance by all impacted institutions. This was…
The Board and Management of TAJBank Limited has highlighted indices to ensure its continuous and sustainable growth in the years ahead. This is according to a statement by the Managing Director of the bank, Mr Hameed Joda, on Thursday in…
The World Bank says the COVID-19 pandemic encouraged financial inclusion, leading to increase in digital payments. This, it stated, was amid global expansion of formal financial services. It stated in its latest Global Findex 2021 database released on Wednesday that…
Wema Bank Plc has concluded arrangement to commence its N40 billion rights issue to the existing shareholders of the bank in August. Wema Bank got shareholders nod at an Extraordinary General Meeting (EGM) to raise capital of up to N40…
