By Kayode Tokede A group of analysts at Guaranty Trust Bank Plc (GTBank) have disclosed in a report that the release of operating guidelines and licensing of Payment Service Banks (PSB) in 2020 is expected to intensify competition in the…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange ( I& EFX) appreciated by 0.26 per cent to N409.20 against the dollar on Monday. While naira lost by 0.06per cent against the dollar and pound sterling closing at N566.76,…
By Kayode Tokede First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its SME specific accounts designed to reinforce the Bank’s role in putting SME’s at an advantage whilst contributing to national growth and…
By Kayode Tokede Deposit Money Banks (DMBs) and merchant banks through the Standing Deposit Facility (SDF) deposited N972.23billion in two months with Central bank of Nigeria (CBN), our correspondent can report. According to the apex bank, a total of N453.5billion…
By Kayode Tokede OneBank digitises peer-to-peer lending for family, friendSterling Bank Plc has added rotation savings and peer-to-peer lending feature to the available options on OneBank, its digital banking platform. The new feature, known as Ajo Scheme, is the digital…
Naira at the Investors & Exporters Foreign Exchange window (I & EFX) appreciated by 0.03 per cent to close at N408.87 against the dollar on Thursday. It also appreciated by 0.19per cent against the euro and it inched up by…
Ecobank Nigeria on Thursday opened the market at London Stock Exchange via a virtual ceremony to mark the listing of its five-year fixed rate senior unsecured $300 million bond. Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated, the parent company…
Fidelity Bank Plc, has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of relevant support that…
By Kayode Tokede Development Bank of Nigeria (DBN) is joining the world in amplifying the voice and advocating for gender equality and the rights of women in Nigeria and all over the world by hosting an event to celebrate this…
By Kayode Tokede Amid COVID-19 lockdown, Zenith Bank Plc reported N1.35 trillion loans and advances to Oil & gas and manufacturing sectors in 2020 financial year. The lender’s total exposure to real sector of the economy, according to our correspondent…
