By Kayode Tokede Naira at Investors & Exporters Foreign Exchange ( I & E FX) window traded flat at N410.00 against the Dollar on Monday The Naira lost by 0.05per cent and 0.14per cent the Euro and Pound Sterling closing…
By Kayode Tokede The National Bureau of Statistics (NBS) has disclosed that Microfinance Banks (MfBs) recorded an 82per cent boost in lending rising from N300.2 billion in 2019 to N546.6 billion in 2020. As of 2018 total microfinance loans to the…
By Kayode Tokede The National Bureau of Statistics (NBS) has disclosed that staff strength in the banking sector dropped by 8.05 per cent in one year to 95,888 in fourth quarter (Q4) of 2020 from 103,610 in fourth quarter of…
By Kayode Tokede Naira traded flat at Investors & Exporters Foreign Exchange (I & E FX) window on Friday at close at N410 against the Dollar. The Naira remained stable against the Dollar at the Investors and Exporters window on…
By Kayode Tokede At 77.4 per cent and 75.4 per cent, Sterling bank plc, and Union Bank of Nigeria Plc, according to Nigerian NewsDirect investigation led other Tier-2 banks in Cost-to-income ratio in 2020. Cost income ratio (CIR) is used to…
By Kayode Tokede The Chairman of FBNQuest Merchant Bank, Mallam Bello Maccido, has expressed that the bank outlook for 2021 is anchored on three important pillars – Optimisation, Innovation and Partnerships. The Chairman in a statement stated that the bank…
By Kayode Tokede Naira traded flat at Investors & Exporters Foreign Exchange (I & E FX) window on Friday at close at N410 against the Dollar. The Naira remained stable against the Dollar at the Investors and Exporters window on…
By Kayode Tokede Stanbic IBTC Holdings Plc has reported 50 per cent decline in profit before tax to N12.1billion in first quarter (Q1) results for period ended March 31, 2021 from N24.2billion reported in first quarter ended March 31, 2020…
By Kayode Tokede Wema Bank Plc has said its customers remain its top priority in terms of service delivery and customer satisfaction. A statement on by the Head, Brands and Communications of the bank, Mrs Funmi Falola, titled ‘Our customers…
By Kayode Tokede Heritage Bank Plc has reiterated its commitment to the growth and development of the creative and entertainment sector by supporting the “Rita Dominic Acting Challenge.” Heritage Bank in collaboration with a foremost Nigerian Actress and Co-Founder of…
