Diaspora remittances into Nigeria is set to surpass Foreign Direct Investment (FDI) for the second consecutive year given some of the favourable policies instituted by the Central Bank of Nigeria (CBN) alongside technological innovations, WorldRemit, a cross-border digital payment service…
In an effort to continually increase the growth of its credit exposures to the real sector of the economy, Stanbic IBTC Bank has recorded a 69 per cent Loan to Deposit Ratio (LDR). The Central Bank of Nigeria (CBN) in…
The Akwa-Ibom Christmas Carols Festival has once again lived up to its billing as one of the most delightful Christmas experiences in Nigeria as it treated thousands of attendees to a breath-taking experience on Friday, December 17, 2021. This year’s…
By Uthman Salami The Board of Union Bank of Nigeria Plc (Union Bank) has notified the NGX and Securities Exchange Commission that through its investors Union Global Partners Limited, Atlas Mara Limited and other shareholders have agreed to divest to…
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated the readiness of the bank to partner with the Institute of Credit Administration (ICA) to create a reliable and enhance credit practice in the country. Speaking during an official visit of…
…Encourages bank to continue retail outreach On Thursday, December 16, 2021, 37-year-old Zainab Ayoola was awarded a million Naira at a cheque presentation ceremony at a Wema Bank regional office in Maryland, Lagos. She joined over 400 lucky customers that…
Nigeria’s foreign reserve dipped $485.41 million to settle at $40.66 billion from $41.15 billion as of 1 December 2021. This is according to the latest figures obtained from the Central Bank of Nigeria (CBN). In 2020 and 2019, a similar…
Zenith Bank Plc, International Breweries and IHS have emerged as ‘Most Responsible Organisation in Africa’ at The SERAS CSR Awards Africa 2021, with a commutative point of 76, 67 and 62 points respectively. Zenith Bank was adjudged the Most Responsible…
In recognition of Unity Bank Plc’s contribution to the growth of entrepreneurship among Nigerian youths, the National Youth Service Corps, NYSC has named the lender “Icon of Youth Empowerment” in an award presented to the Bank during the Skills Acquisition…
The Central Bank of Nigeria (CBN) and the Maize Association of Nigeria (MAAN) have begun a collaboration to aggregate maize under the Anchor Borrowers Programme (ABP) of the Federal Government for the 2021 wet season. The maize farmers also inaugurated…
