By Kayode Tokede Winners have emerged at the Heritage Bank Plc, ‘YNSPYRE’ Cream Platform Promo held in Abuja. CREAM Platform, Nigeria’s premiere creative reward platform officially kicked off its partnership with Heritage Bank’s YNSPYRE Initiative with the commencement of the…
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof Bolaji Owasanoye, SAN, has condemned the padding of budget by government officials, warning that the Commission won’t tolerate breach of government financial rules and regulations. Prof…
First Bank of Nigeria Ltd. has reinforced commitment to women empowerment with ‘FirstGem’ for economic growth and development. FirstBank Deputy Managing Director, Mr Francis Shobo, disclosed this in a statement said that the bank seeks to drive financial development and…
Rice Farmers under the aegis of Rice Farmers Association of Nigeria, (RIFAN) have commended Unity Plc for the pivotal role it played in facilitating credit to farmers under the CBN’s Anchor Borrowers Programme (ABP). The association specially commended the Managing…
Shareholders of five listed banks on the Nigerian Stock Exchange (NSE) are to enjoy a total dividend of N247.5billion in 2020. The shareholders of these banks in 2019 accounts benefited N234billion as dividend to highlight importance of investing in fundamental…
By Kayode Tokede FMDQ Exchange reported $171.85miillion turnover traded at its Investors & Exporters Foreign Exchange (I & E FX) window on Thursday. This is 394.4per cent increase when compared to $34.76 million traded at the I & E FX…
By Kayode Tokede The African Development Bank (AfDB), has inaugurated second phase of the West African Capital Markets Integration (WACMI) Project. The aim is to establish a common securities listing and trading platform across West African stock markets. According to…
By Kayode Tokede The Central Bank of Nigeria has said Non-Performing Loans (NPL) ratio of banks jumped to 6.3per cent for the month of February 2020. The NPL ratio measures the rate of bank loans that are either going bad…
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has debunked recent claims that the Federal Government has adopted a flexible exchange rate for its transactions. The Governor clarified the issue while addressing the media after the…
The Central Bank of Nigeria’s Naira4Dollar scheme may have attracted about $40 million in foreign remittances in one week, according to a reliable source with knowledge of the scheme. According to Voice of Nigeria (VON) sources, the scheme had performed…
