By Kayode Tokede The Central Bank of Nigeria (CBN) on Tuesday released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria. The guidelines are contained in a circular by CBN’s Director, Financial Policy and Regulation Department, Ibrahim Tukur,…
By Kayode Tokede Analysts at FBNQuest Research disclosed on Tuesday that it foresees further increase in nation’s foreign reserves in short term over steady increase in global oil prices, Eurobond issuance and the International Monetary Fund (IMF)’s allocation of SDRs…
By Kayode Tokede For improved business processes and consistent delivery of quality products and services to customers, the Standards Organisation of Nigeria (SON) has validated First City Monument Bank’s (FCMB) ISO 9001: 2015 certification for Quality Management Systems (QMS). FCMB…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange window ( I & E FX) market on Monday depreciated by 0.06 per cent to close at N411.50 against the Dollar. Also at the I & E FX window, the…
By Kayode Tokede Ensuring that small businesses continue to create jobs and serve as the bedrock of the economy has encouraged Wema Bank Plc to launch an SME Business School. The school has been seen as an avenue for Wema…
By Kayode Tokede Greenwich Merchant Bank Limited has been rated BBB- (NG) Long Term, and A3 (NG) Short Term with a stable outlook by global credit rating agency, GCR Ratings. The assigned rating is premised on Greenwich Merchant Bank’s strong…
By Kayode Tokede The Naira stayed flat at N411.50 against the Dollar at the Investors & Exporters Foreign Exchange (I&E FX) window but appreciated by 1.4per cent to N510.00 against the Dollar in the parallel market. At the I &…
By Kayode Tokede To further bridge the gap in financial inclusion and deliver customer-centric solutions for its diversified customer base, leading financial institution, Sterling bank plc has announced the launch of its new loan product ’I Go Trade’. The product…
By Kayode Tokede Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has rolled out robust products, known as Acada School Portal Solution with the aim of adding value to the different levels in the educational sector; whilst making a…
By Aanu Olaleye The exchange rate between the naira and the dollar closed at N411.25 against the dollar, 0.06 per cent from N411.50/$1 at the official Investors and Exporters window. Also, naira appreciated at the parallel market to close at…
