CBN Decries Low Deposit Mobilisation among MFBs The Central Bank of Nigeria (CBN) has decried low deposit mobilisation by microfinance banks (MFBs) in the country. The...
RMB Nigeria Launches Online Transactional Banking Platform Rand Merchant Bank Nigeria (RMBN) has launched a banking solution known as ‘RMBN Digital,’ with the aim of at...
Average Nigerian Business Pays 48 Taxes, Says Elumelu The Chairman and founder of Heirs Holdings, Tony Elumelu, has said that an average business concern in Nigeria...
Custodian to Pay Shareholders 45kobo Dividend Custodian Investment Plc says it will pay its shareholders 45 kobo dividend for the 2018 financial period. The Chairman of...
Japaul Shares Jump Amid Acquisition Rumours Japaul Oil & Maritime Service rose to a five-month high on Wednesday following a renewed interest in the shares of...
Capital Budget: IMF to Spend US$86m in 2020 The International Monetary Fund (IMF) will spend US$86 million on capital projects in 2020, the Fund stated in...
I&E Window Records US$35bn FX Inflows in 24 Months The introduction of Investors’ & Exporters’ FX Window by the Central Bank of Nigeria has boosted dollar...
Eurobond: Zenith Bank Redeems US$500m The management of Zenith Bank Plc on Tuesday announced the redemption of matured US$500 million Eurobond due on April 22, 2019....
UBA Reports N28.7bn PAT for Q1 Nigeria’s top lender, United Bank for Africa (UBA) Plc, has reported a profit after tax of N28.7 billion for the...
Infrastructure: World Bank Provides $200m Facility for Nigeria, Others The Board of the World Bank Group says it is providing over $200m to help increase access...
