Weekly Newsletter
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CBN goes tough on banks over consumer protection, transparency
Nigeria’s apex bank, Central Bank of Nigeria (CBN) has set out guidelines on the minimum standards expected from financial institutions on consumer protection...
CBN cuts MPR by 50bps to stimulate economy
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has cut Monetary Policy Rate (MPR) by 50 basis points( bps...
Lower Income but Improved Efficiency
By Afrinvest Zenith Bank Plc. (“ZENITH” or “the Company”) recently released its FY: 2018 result with largely impressive earnings reported. Against the backdrop...
CBN injects $268.4m, CNY46.3m into retail SMIS
The Central Bank of Nigeria (CBN) on Friday, February 22, 2019, made an intervention of $268.4 million in the retail Secondary Market Intervention...
Access bank set to issue Africa’s first corporate bond
By Chioma Obinagwam Africa’s leading financial institution, Access Bank Plc has said it is set to issue the first corporate green bond in...
Zenith Bank records 11.34% profit growth in FY 2018
By Chioma Obinagwam Zenith Bank Plc, on Tuesday presented its audited financial report for the year ended December 31, 2018, indicating 11.34 percent...
National collateral registry to improve lending to MSMEs by over N1.23tn
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has said that the National Collateral Registry(NCR) would enhance lending by financial institutions...
Protectionism: US trade deficit declines by 11.5% amidst truce
By Chioma Obinagwam Washington is already reaping the fruits from its trade wars with Beijing as it’s trade deficits for November shrank by...
Investor protection: SEC shuts down Dantata Success and Profitable Company ponzi scheme
By Chioma Obinagwam The Securities and Exchange Commission, SEC, has sealed off the premises of Dantata Success and Profitable Company, Kano for engaging...
Don't Miss
Again Ikeja Electric customers experience frustration in recharging energy tokens
By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...