By Kayode Tokede with News agency The African Development Bank (AfDB) has called on governments and private sectors in Africa to grow, finance and support large scale youth-led businesses in the continent. President of the AfDB, Dr Akinwumi Adesina, said…
Operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Friday May 14, 2021, arrested one Stacy-Dan Ekpenyong (alias Daniel Ekpenyong), the Managing Director of Stewardship Rural Investment Limited for allegedly obtaining the sum of N11.5m by…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange (I & EFX) window appreciated by 0.04 per cent to close at $411.50 against the Dollar on Monday. The local currency at the specialized window lost by 0.17per cent and…
By Kayode Tokede Unity Bank Plc has said it will provide additional funding to no fewer than 120,000 smallholder maize farmers in Nigeria in the 2021 wet season farming in Nigeria. The Managing Director/Chief Executive Officer of Unity Bank Plc,…
By Kayode Tokede The Chartered Institute of Bankers of Nigeria (CIBN) said that two of its certificates had been approved and included in Government Schemes of Service. These are the Associateship of the Chartered Institute of Bankers (ACIB) and the…
By Kayode Tokede With the COVID-19 pandemic, eight banks have reported 21.2 per cent dropped in Real Sector Support Facility (RSSF) to N143.68billion in 2020 from N182.26billion reported in 2019. RSSF represents the outstanding balance on the on-lending facility granted…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange (I& EFX) on Wednesday remained flat following the ederal overnment declaration of two days holiday to mark the end of Muslim fasting. The local currency at the I& EFX on…
By Kayode Tokede Sterling Bank Plc, is one of the biggest winners at the 2020 CIPMN Fellows’ Award and HR Recognition Ceremonies held in Abuja recently. CIPM, Chartered Institute of Personnel Managers of Nigeria, is the umbrella body for the…
By Kayode Tokede Ecobank Nigeria and Vanguard Economic Forum Series have announced that they are convening an MSME virtual summit to promote and encourage lending support for micro, small and medium enterprises (MSMEs) in the face of changing operating environment…
FMDQ Securities Exchange Limited has approved the quotation of the Coronation Merchant Bank Limited N0.71 billion Series 13 and N14.13 billion Series 14 Commercial Papers (CPs) in March 2021, and the N1.41 billion Series 15 and N20.19 billion Series 16…
