By Aanu Olaleye with News Agency The Governor of Central Bank of Nigeria (CBN), Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. Emefiele made…
FirstBank of Nigeria affirmed its support for the expansion plans of WACOT Limited, a subsidiary of TGI Group, as the company prepares to double the capacity of its 120,000-ton rice mill in Argungu, Kebbi State. The Bank affirmed this on…
Naira, is steady at the investors’ window at N411.50 a dollar as the Nigerian Treasury Bill records a marginal increase in average yield, pared one basis point to 5.7per cent Wednesday. However, the local currency appreciated by 0.4 per cent…
The Federal Ministry of Industry, Trade and Investment (FMITI) has restated its commitment to support activities that would harness the immense benefits of Free Trade Zones (FTZs) to Nigeria’s economy. Dr Nasir Sani-Gwarzo, Permanent Secretary, FMITI, said on Wednesday in…
By Kayode Tokede In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account…
By Kayode Tokede Jaiz bank has announced an increase of 70.6 per cent growth in Profit After Tax (PAT) for the first half of 2021. Financial results of Jaiz Bank Plc for the second quarter ended 31st March 2021 was…
By Aanu Olaleye, Abuja Naira at Investors & Exporters Foreign Exchange (I& E FX) window on Tuesday closed flat the dollar at N411.50 but inched up by 0.11 per cent against the Euro to close at N487.54. The local currency…
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria. The circular issued by CBN’s Director, Payments System Management Department, Mr Musa Jimoh instructed deposit money banks,…
Agusto & Co, the rating agency and a leading provider of industry research and knowledge in Nigeria & sub-Saharan Africa, has assigned ‘A+’ rating with stable outlook to Coronation Merchant Bank (CMB) Limited. In a rating release , the agency…
Kwara government says that the contributions of the people of the state will form the bedrock of its fiscal proposals and budgeting. This was contained in a statement made available to the News Agency of Nigeria (NAN) in Ilorin on…
