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BusinessCrimeNewsUncategorized

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...

BusinessNewsUncategorized

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...

BusinessForeign NewsNewsUncategorized

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...

BusinessForeign NewsNewsUncategorized

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...

BusinessForeign NewsUncategorized

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...

BusinessNewsUncategorized

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...

BusinessNewsUncategorized

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...

BusinessForeign NewsNewsUncategorized

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...

BusinessNewsUncategorized

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...

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