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…
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…
