The Board of Directors of the African Development Bank (AfDB) has approved a 35 million U.S. dollar unfunded risk-sharing facility for Ecobank International affiliates, EBI SA, to support trade finance activities in Africa. In a statement issued by Mr Kwasi…
The Lagos Chamber of Commerce and Industry (LCCI) has projected that the Nigerian economy will end the current year with a growth rate of two per cent or 2.5 per cent in 2021. Mrs Toki Mabogunje, President, LCCI, made the…
The Central Bank of Nigeria (CBN), has assured that it has put in place effective mechanisms to insulate the e-Naira from hackers and fraudsters. The Director, Corporate Department, CBN, Mr Osita Nwanisobi, disclosed this on Wednesday at a Central Bank…
FBNQuest Capital Ltd., a subsidiary of FBN Holdings, has announced the appointment of Alhaji Abdullahi Ali Gombe, as an Independent Non-Executive Director. The Chairman, FBNQuest, Mr Oyewale Ariyibi, disclosed this in a statement made available to Nigerian NewsDirect on Wednesday…
Debt Management Office/ (DMO) has asserted that debt pulled Nigeria out of recession twice, making it a major propeller of growth. This was disclosed by the Director-General of the/ DMO, Patience Oniha at a workshop on executive leadership. According to…
Nigerian Retail Lender, Unity Bank Plc is set to engage no fewer than 5 million Micro, Small and Medium Enterprises (MSMEs) being operated by women in the South West region, even as Sola Sobowale, the Brand Ambassador, asserts that no…
The President of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Bayo Olugbemi has commended the introduction of the country’s first digital currency, eNaira, saying it is part of measures to deepen financial inclusion and integrate millions of unbanked…
By Matthew Denis Abuja President Muhammadu Buhari has explained why the Treasury Single Account was opened by his administration to curb corruption and irregularities in the country. According to the President, the TSA was opened to address irregularities, ensure accountability,…
The Chartered institute of Bankers of Nigeria (CIBN) has set an entrepreneurship development programme for professional member of the insitute. This was stated in an invitation to the Group Country Director; Mr. Pascal Obido on November 25, year 2021 The…
Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has said the bank will continue to support Small and Medium Enterprises (SMEs), to take banking to every Nigerian through its agency banking network. The bank’s digital services will also support industries that…
