The Senate on Wednesday at plenary resolved to invite the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to educate and inform senators in a closed session on the reasons for the rapid depreciation of the value of…
By Ridwan Adekunle TAJBank Limited, Nigeria’s leading non-interest bank, has secured the approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing Director, Mr Hamid Joda, made this known in a statement on Wednesday. Joda…
Shareholders of Presco Plc have approved a total dividend of N7.5 billion for the financial year ended Dec. 31, 2021. The dividend translated to N7.50 per share, an increase of 380 per cent, when compared with amount paid in 2020.…
The Securities and Exchange Commission has said that it has been implementing measures aimed at encouraging more listings by creating new Rules and amending existing ones, improving general review processes, continuing engagements with issuers, advisers and other critical stakeholders. Director…
By Philemon Adedeji FCMB Group plc has reported 80.8 per cent growth rate in Profit After Tax (PAT) to N13.7 billion in its half year (H1) unaudited results for the period ended June 30th, 2022 compared to N7.6 billion reported…
Access Bank has partnered Visa, the official payment services partner of FIFA World Cup Qatar 2022, to reward its customers with a trip to watch live matches. The partnership offers customers the opportunities to win tickets for an all-expense-paid trip…
Development Finance Corporation (DFC) CEO Scott Nathan today signed a commitment letter for $280 million in financing for Access Bank Plc in Nigeria alongside Access Bank Managing Director Roosevelt Ogbonna. The loan will help address the financing gap for small-…
By Philemon Adedeji Ecobank group has reported 24 per cent growth in Profit Before Tax (PBT) to $261 million, according to its half year H1 unaudited results for the period ended 30 June, compared to $210 million reported in the prior-year…
The Chartered Institute of Bankers of Nigeria (CIBN) has charged the members of its governing council committees to continue to innovate and remain relevant due to significant transformations and uncertainties in the industry. President and Chairman of Council, CIBN, Ken…
The Naira on Monday appreciated at the Investors and Exporters window, against the dollar, exchanging at N427.17 to the dollar. The figure represented an increase of 0.66 per cent compared with the N430 it exchanged for the dollar before the…
