Naira at the Investors & Exporters Foreign Exchange (I & E FX) window on Wednesday closes flat against the Dollar at N411.45. The local currency lost by 0.06 percent and 0.13percent against the Euro and Pound Sterling closing at N485.56…
First Bank of Nigeria Limited will hold its SMEConnect Webinar on Thursday with “The ABCs of Accessing Finance for your Business” being the topic to be discussed at the event. The event topic is designed to expose SMEs to various…
The African Development Bank (AfDB) Group has appointed Mr Lamin Barrow as the new Director General, Nigeria Country Office, effective from July 1, the AfDB announced in a statement on Wednesday. Barrow, a Gambian national, who joined the bank in…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) window on Tuesday dropped by 0.08 percent to close at N411.45 against the Dollar. Also, at the I & E FX window, the Naira gained…
By Kayode Tokede Leading innovative financial institution, Wema Bank, is fulfilling its promise to make this year as exciting as possible for its customers with the commencement of its newly launched reward scheme, 5 for 5, in which customers stand…
By Kayode Tokede Fitch Ratings has revised the Outlook on Union Bank of Nigeria Plc to stable from negative, and affirmed the financial service boutique’s Long-Term Issuer Default Rating (IDR) at ‘B-,’ putting the viability rating (VR) at ‘b-.’The ratings…
By Aanuoluwapo Olaleye, Abuja First City Monument Bank (FCMB) has explained that its increased and consistent support to Small and Medium Scale Enterprises (SMEs) is aimed at further empowering them to take the lead in the growth and development of…
By Aanuoluwapo Olaleye, Abuja The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has expressed the readiness of the Corporation to partner with the Bureau of Public Service Reforms (BPSR) towards enhancing innovation in…
By Aanuoluwapo Olaleye, Abuja The Central Bank of Nigeria (CBN) on Monday began preparing the Nigerian financial sector, through a Town Hall meeting, to take full advantage of the African Continental Free Trade Area (AfCFTA) Agreement. The meeting, organised via…
By Aanuoluwapo Olaleye, Abuja Leading financial institution, Coronation Merchant Bank Limited, has announced the appointment of Chinwe Egwim as the Chief Economist of the Bank as of June 28, 2020. Prior to joining Coronation Merchant Bank, she had worked at…
