CBN auctions $100m to SMEs via Special Forex Window

Central Bank of Nigeria (CBN) yesterday, made spot sales totaling $100 million to interested Small and Medium Enterprises (SMEs) through its newly opened Special...

UBA appreciates staff integrity, intensify customer’s focus

The United Bank for Africa Plc (UBA) once again demonstrated its commitment to excellence in customer service, by celebrating staff who have strived to...

UBA thrill shareholders’, distributes N27.2bn in Dividends

Shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General...

Lagos to inject N1bn into mortgage bank

The Lagos State Government has agreed to inject the sum of N1bn into the Lagos Building Investment Company for it to meet the minimum...

UBA: Shareholders approve payment of N19.9 billion as final dividend

Shareholders of United Bank for Africa Plc have approved the payment of N19.9bn as final dividend for the financial year ended 31st December 2016,...

Debate over AMCON sale of Keystone Bank to Sigma

What manner of sale?When the Asset Management Corporation of Nigeria (AMCON) announced the sale of Keystone Bank to Sigma Golf Nigeria Limited and Riverbank...

DBN to boost MSMEs, consider female entrepreneurs

The Micro, Small and Medium Enterprises sector of the Nigerian economy contributes about 45 per cent of the nation’s GDP, but only about 10%...

Wema Bank considers debt to boost capital as lending slows

Wema Bank aims to grow loans between one and two percent this year, after it achieved 22.3 percent growth last year, to conserve its...

FEC approves $1.3bn DBN takeoff SME, MSME fund

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari, has approved a $1.3 billion capital facility for the takeoff of the Development...

GTBank secure license to open subsidiary bank in Tanzania

Group Managing Director of Guaranty Trust Bank (GTBank) Plc, Mr. Segun Agbaje, Tuesday, declared that the decision of the bank’s management to diversify into...

FEC approves commencement fund of $1.3 billion to DBN

The Federal Executive Council has approved a 1.3 billion dollars loan credit facility for the commencement of the Development Bank of Nigeria. The approval came...

Access Bank: Shareholders approve 40kobo final dividend

The shareholders of Access Bank Plc unanimously approved the 40 kobo final dividend proposed by the Board of the bank for 2016, having paid...

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