Jaiz Bank Plc, the Premier Non-Interest Bank in Nigeria has released its unaudited financial results for the period ended 31 December 2021. The results as released to the Nigerian Exchange Group, showed a 37.17% growth in Profit Before Tax (PBT),…
The Chief Judge of Lagos State, Hon. Justice Kazeem Alogba, says Small Claims Courts will benefit Micro Small and Medium Scale Enterprises (MSMEs) in the GIZ-SEDIN partner states if effectively operated. Alogba made the remarks at the opening of a…
Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lagos Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos State. The new branch will serve the banking and pension needs of the financial…
FMDQ Securities Exchange Ltd. has announced the listing of the Federal Government of Nigeria’s four billion dollars Eurobonds under its global medium-term note programme on its platform. This is contained in a statement by FMDQ Exchange made available to Nigerian…
The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has stressed the need for the government and players in all sectors of the economy to focus on green and sustainable eco-friendly measures. Mrs Abiola Laseinde, Chairperson, Corporate Members and…
The granting of N23.20 billion loan support to 28 companies whose projects were selected for funding by the Central Bank of Nigeria (CBN) has reaffirmed the Muhammadu Buhari administration’s commitment to empower qualified and genuine local investors to boost production…
Ecobank Nigeria said its vision to use its agency banking scheme to drive financial inclusion is fast yielding fruits as it now has over 50,000 agents locations across the country. According to the bank apart from helping to drive its…
Fidelity Bank has facilitated the disbursement of over N34billion in direct credit to players in the Nigerian rice value chain. The bank’s interventions in recent years have helped to unlock spontaneous financing opportunities for a large swathe of paddy rice …
Wema Bank unaudited financial report for the 2021 operations just released shows a top industry record growth of 94 per cent in after-tax profit from N4.6 billion in 2020 to roughly N9 billion for the year. This is a confirmation…
…As market capitalization raise to N2.69 trillion The market capitalisation of the top five banks, referred to as the Tier-1 banks or FUGAZ, appreciated by 2.23% to close at N2.69 trillion as at 4th of February, 2022, as investors in…
