By Kayode Tokede The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has disclosed that the Bank has dedicated N100 billion for the financing micro, small and medium enterprises (MSMEs) in the country. This, he said is to enable them contribute more…
By Kayode Tokede Analysts have forecasted that the Monetary Policy Committee (MPC) members of the Central Bank of Nigeria (CBN) will this week retain status quo on monetary rates to tackle raising inflation in the country. The MPC meeting is…
By Kayode Tokede First Bank of Nigeria Ltd., has been awarded the 2021 ‘Retail Banking CEO of the Year Nigeria;’ ‘Most innovative Retail Banking App Nigeria’ and “Best CSR Bank Nigeria.’’ Chief Executive Officer, FirstBank, Dr Adesola Adeduntan in a…
By Kayode Tokede Naira at the parallel market traded flat on Thursday at N484 against the Dollar. The local currency declined by 0.52per cent and 0.29 per cent against the Euro and Pound Sterling at N585 and N680 respectively. At…
By Kayode Tokede In recognition of the strong underlying fundamentals driving its business, Datapro reaffirmed an “A” rating on the Bank’s N10 billion 7-Year Subordinated Unsecured Bond issued under its N50 billion debt issuance programme. The bond has a fixed…
By Tokede Fidelity Bank Plc has once again demonstrated its resolve to promote and catalyze export businesses in Nigeria with the tenth stream of the Export Management Program (EMP) scheduled to hold at the Lagos Business School (LBS) from June…
By Kayode Tokede with News Agency The Federal Government has commenced dialogue with the World Bank to secure a $75 million loan to provide water in communities nationwide. The Minister of Water Resources, Mr Suleiman Adamu, made the disclosure at…
By Kayode Tokede Africa’s underinvested youths are in need of urgent attention and youth entrepreneurship investment banks must become the focus of global support, the African Development Bank, (AfDB) head, Dr. Akinwumi Adesina said in a discussion on scaling up…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange ( I & F FX) window on Wednesday appreciated by 0.21 per cent to close at N411.63 against the Dollar. According to FMDQ, foreign exchange turnover by investors &…
By Kayode Tokede Access Bank Plc has completed the acquisition of African Banking Corporation in Mozambique, backed by a London Stock Exchange-listed group, Atlas Mara Limited. This is the bank’s fifth acquisition in four years. In 2018, the lender acquired…
