By Seun Ibiyemi Guaranty Trust Fund Managers Limited (“GTFML” or the “Fund Manager”), the asset management subsidiary of Guaranty Trust Holding Company Plc, has announced the launch of the Guaranty Trust Investment Fund 724 (“Fund 724”), an open-ended, naira-denominated Unit…
The Naira concluded September 2024 at N1,541 on the official NAFEM window, showing a modest improvement compared to its performance in July and August 2024. Conversely, in the parallel market, the Naira reached its lowest level in seven months, closing…
President Bola Tinubu has hailed what he said is the disciplined approach adopted by the Central Bank of Nigeria (CBN) to monetary policy management which he said is responsible for ensuring stability and predictability in foreign exchange market. This discipline,…
By Esther Agbo To achieve the Federal Government’s ambitious $1 trillion economy target, the Executive Director of Finance and Risk Management at United Bank for Africa Plc (UBA), Ugo Nwaghodoh, has called for greater collaboration between Nigeria’s banking sector, fintech…
By Esther Agbo Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has called for greater inclusion of African countries in the governance and decision-making processes of global financial institutions such as the World Bank and the International Monetary Fund (IMF).…
By Esther Agbo The Federal Government has reaffirmed its commitment to empowering micro, small, and medium enterprises (MSMEs) through tax incentives, aimed at spurring growth, fostering innovation, and ensuring the sector’s sustainability. This reaffirmation was made by the Executive Chairman…
By Esther Agbo Polaris Bank has once again affirmed its leadership in supporting Micro, Small, and Medium Enterprises (MSMEs), emerging as Nigeria’s Best Bank in MSME lending. This recognition, awarded at the inaugural MSME Finance Awards 2024, highlights the bank’s…
Stakeholders in the financial industry have emphasised the need for collaboration between banks and Fintech companies to drive real sector growth. According to them, this is necessary for Nigeria to achieve a one trillion dollar Gross Domestic Product (GDP) by…
The Central Bank of Nigeria (CBN), says it is partnering with Microfinance Banks (MFBs), to enhance financial inclusion to stimulate growth of Micro, Small and Medium Enterprises (MSMEs) in the country. CBN Controller, Yola Branch, Sah Nyashi said this during…
The Central Bank of Nigeria (CBN), says it is partnering with Microfinance Banks (MFBs), to enhance financial inclusion to stimulate growth of Micro, Small and Medium Enterprises (MSMEs) in the country. Mr Sah Nyashi, CBN Controller, Yola Branch, said this…
