By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) window closed flat against the Dollar at N410.00 on Thursday. The local currency at the IEFX window gained by 0.01per cent and 0.39 per cent…
By Kayode Tokede Zenith Bank Plc, has charged Micro, Small and Medium Enterprises (MSMEs) to be conversant with the five principles of credits to boost chances of accessing funding facilities. The Group Managing Director of the bank, Mr Ebenezer Onyeagwu…
By Kayode Tokede Chief Executive Officer (CEO), First Bank Group, Dr Adesola Adeduntan has urged government, relevant financial authorities and businesses to leverage technology and innovation for better financial inclusion and an improved Nigerian economy. Adeduntan gave the advice on…
By Kayode Tokede Guaranty Trust Bank plc (GTBank) has released its unaudited Financial Results for the period ended March 31, 2021 to the Nigerian and London Stock Exchanges. A review of the result shows a resilient performance across all key…
By Kayode Tokede The Central Bank of Nigeria (CBN) has disclosed that the foreign reserve dropped by $35.9million in one day from $35.22billion on Monday to $35.18billion on Tuesday. Our correspondent gathered that foreign reserves in April have been on…
…directive to discourage hoarding, improves liquidity — ABCON President By Kayode Tokede The Central Bank of Nigeria (CBN) has warned that Deposit Money Banks (DBMs)/ authorized foreign exchange dealers who refused to accept old/lower denomination of US Dollar from customers…
By Kayode Tokede Naira at the parallel market on Tuesday closed negative against Dollar, Pound Sterling and Euro losing 0.83per cent, 0.30 per cent and 0.88 per cent to close at N486, N672 and N575 respectively. The Naira on Monday…
By Uthman Salami Access Bank Plc said it has entered into a definitive and binding agreement with ABC Holdings regarding a proposed acquisition of African Corporation of Botswana (BancABC Botswana). This was announced in a statement signed by Sunday Ekwochi,…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange window ( I& EFX) on Monday appreciated by 0.16 per cent to close at N410.33 against the Dollar. Also, Naira at the I& EFX window, lost by 0.43per cent…
Unity Bank Plc grew its total assets to N492.02billion as stated in its full year ended December 31, 2020 audited results, a significant increase of 67.90per cent from the N293.05 billion total assets recorded in 2019. The audited results released…
